Frankie Woolwine Story

Analysis

Frankie Woolwine Story is a registered charity in United States, based in Henrico, VA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Frankie Woolwine Story reported income of $70k and spending of $67k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $70k (-9.4%), an average of -9.4% a year. Over the whole period it spent 85% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Frankie Woolwine Story sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include Paoli Volunteer Fire Department Inc ($70k), Crans Foresight Analysis Consensus ($70k) and Livingston County Sheriffs Foundation ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 118% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.