Shaka Franklin Foundation for Youth

Analysis

Shaka Franklin Foundation for Youth is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, Shaka Franklin Foundation for Youth reported income of $208k and spending of $270k, spending 130% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $190k to $208k (+9.0%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 164%. Over the whole period it spent 116% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Shaka Franklin Foundation for Youth sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 51st percentile within CO. Charities of a similar size with the same main cause include Boys and Girls Clubs of the Twin Cities Foundation ($207k), Day Dreams Foundation ($208k) and Worland Youth Learning Center ($207k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 64% of the total. At year end it held assets of $2.0m against liabilities of $210k, net assets of $1.8m.