Franklin Parks Foundation

Analysis

Franklin Parks Foundation is a registered charity in United States, based in Franklin, VA. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Parks Foundation reported income of $406k and spending of $27k, leaving 93% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $252k to $406k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 5.7% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Franklin Parks Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include Friends of the Mad River ($406k), US Research Impact Alliance Corp ($407k) and Torrey House Press ($406k).

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 $656k against liabilities of $0, net assets of $656k.