Francis of Assisi Community

Analysis

Francis of Assisi Community is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Francis of Assisi Community reported income of $1.6m and spending of $482k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.6m (-7.2%), an average of -1.9% a year. The sharpest change came in the year to December 2020, when income dropped by 17%. Over the whole period it spent 38% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Francis of Assisi Community sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.6m), Carmel Valley Manor Foundation ($1.6m) and Alliance Asset Management Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $27.1m against liabilities of $3,724, net assets of $27.1m.