Franciscan Communities Inc II

Analysis

Franciscan Communities Inc II is a registered charity in United States, based in Lemont, IL. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Franciscan Communities Inc II reported income of $1.2m and spending of $1.8m, spending 142% of what it took in. The sharpest change came in the year to June 2021, when income rose by 176%. Over the whole period it spent 147% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Franciscan Communities Inc II sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Nho Management Inc ($1.2m), Poco Way HDC Inc ($1.2m) and Fair Housing Opportunities of Northwest Ohio Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $494k. At year end it held assets of $6,719 against liabilities of $0, net assets of $6,719.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.