Friends of Flagstaffs Future

Analysis

Friends of Flagstaffs Future is a registered charity in United States, based in Flagstaff, AZ. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Friends of Flagstaffs Future reported income of $95k and spending of $76k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $95k (+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 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Friends of Flagstaffs Future sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within AZ. Charities of a similar size with the same main cause include Oak Hill Avenue Improvement Corp ($95k), Hobarts Run Neighborhood District ($95k) and Omena Village Preservation Association Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 0.2% of the total. At year end it held assets of $117k against liabilities of $1,662, net assets of $115k.