Franklin Avenue Mission Inc

Analysis

Franklin Avenue Mission Inc is a registered charity in United States, based in Linden, MI. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Franklin Avenue Mission Inc reported income of $305k and spending of $260k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $305k (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Franklin Avenue Mission Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Strong Life Ministries ($305k), Colorful Closets of Amarillo ($305k) and Center for Christian Counseling ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $113k. At year end it held assets of $441k against liabilities of $2,545, net assets of $439k. It reported 9 employees.