Franklinton Special Improvement District of Columbus

Analysis

Franklinton Special Improvement District of Columbus is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 2023, Franklinton Special Improvement District of Columbus reported income of $375k and spending of $383k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $269k to $375k (+40%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Franklinton Special Improvement District of Columbus sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Fayette County Industrial Development Corporation ($375k), Osei Foundation-Public Charity Inc ($375k) and Culpeper Renaissance Inc ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $192k against liabilities of $0, net assets of $192k.