Flying Cloud Institute Inc

Analysis

Flying Cloud Institute Inc is a registered charity in United States, based in GT Barrington, MA. It received its IRS tax-exemption ruling in October 1981, 45 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Flying Cloud Institute Inc reported income of $593k and spending of $425k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $340k to $593k (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 77% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Flying Cloud Institute Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Foundation for Glacier & Environmental Research ($592k), Confluence Environmental Center ($593k) and California Conference of Directors of Environmental Health ($592k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $81k (19% of expenses). Other salaries and wages came to $199k. At year end it held assets of $1.0m against liabilities of $85k, net assets of $926k. It reported 29 employees.