Franklin High School Educational Foundation

Analysis

Franklin High School Educational Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Franklin High School Educational Foundation reported income of $219k and spending of $176k, spending 81% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $250k to $219k (-13%), an average of -2.7% a year. The sharpest change came in the year to June 2022, when income rose by 229%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Franklin High School Educational Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include International Christian Accrediting Association ($219k), Friends of Jennings School District Foundation ($219k) and Bobcat Legacy Foundation Inc ($219k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% of the total. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.