The Franklin County Education Foundation for Excellence

Analysis

The Franklin County Education Foundation for Excellence is a registered charity in United States, based in Winchester, TN. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Franklin County Education Foundation for Excellence reported income of $141k and spending of $60k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $180k to $141k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 26% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Franklin County Education Foundation for Excellence sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within TN. Charities of a similar size with the same main cause include Friends of the North Carolina Library Blind & Physical Handicap ($141k), Leadership Institute for Women Ofcolor Attorneys in Law and Business ($141k) and Missouri Valley Christian School ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $274k against liabilities of $0, net assets of $274k.