Franciscan Brothers Of Christ The King

The information for Franciscan Brothers Of Christ The King is as of the organization's most recent filing in December '22. This organization is located in Chatham, IL. It has been in existence for 27 years, following its founding in 1995.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Franciscan Brothers Of Christ The King's NTEE code is L99. The "L" tells us that the organization is classified under Housing & Shelter. The "99" indicates that the organization falls under Housing & Shelter N.E.C, which stands for "Not Elsewhere Classified". This means that the organization provides housing or shelter services, but the major purpose is unclear enough that a more specific code cannot be accurately assigned. Additionally, the organization is governed by section 3 of the Internal Revenue Code, which encompasses Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals Organizations.

Organization Growth

The Franciscan Brothers Of Christ The King nonprofit organization has experienced growth over the given time period. Contributions and grants received have increased from $0 in 2015 to $58.4K in 2021. Investment income has also grown from $9.6K in 2015 to $34.7K in 2021. Other revenue has increased from $69.6K in 2015 to $90.1K in 2021. Total revenue has seen growth as well, rising from $79.1K in 2015 to $100.5K in 2022. However, there have been some decreases in certain line items, such as benefits paid to members, which decreased from $50.9K in 2015 to $14.2K in 2022. Despite these decreases, the overall trend shows that the organization has grown over the given time period.

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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$78,828
Total Program Service Revenue$0
Membership dues$0
Investment income $21,574
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$100
Total Revenue$100,502

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