Rotary Club of Downtown Franklin Charitable Foundation

Analysis

Rotary Club of Downtown Franklin Charitable Foundation is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rotary Club of Downtown Franklin Charitable Foundation reported income of $158k and spending of $137k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $22k to $158k (+631%), an average of +170% a year. The sharpest change came in the year to December 2022, when income rose by 503%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rotary Club of Downtown Franklin Charitable Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within TN. Charities of a similar size with the same main cause include All Babies Cherished Inc ($158k), The Childrens Guardian Fund ($158k) and Centro Providencia Servicios Sociales Catolicos ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.