Franklin Pride TN

Analysis

Franklin Pride TN is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Franklin Pride TN reported income of $97k and spending of $88k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $97k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 94% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Franklin Pride TN sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within TN. Charities of a similar size with the same main cause include Anderson County Sheriffs Foundation ($97k), South Conway County Public School Foundation ($97k) and St Michaels Foundation ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.