Friends of Ben Franklin Charter High School

Analysis

Friends of Ben Franklin Charter High School is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of Ben Franklin Charter High School reported income of $551k and spending of $331k, leaving 40% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $327k to $551k (+68%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 193%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Ben Franklin Charter High School sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within LA. Charities of a similar size with the same main cause include Little Forest Playschool ($551k), Missoula Public Library Foundation Inc ($551k) and Impact Capital Managers Institute Inc ($551k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $888k against liabilities of $0, net assets of $888k.