Father Flanagans Boys Home

Analysis

Father Flanagans Boys Home is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Father Flanagans Boys Home reported income of $14.4m and spending of $11.7m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.3m to $14.4m (+128%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Father Flanagans Boys Home sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NV. Charities of a similar size with the same main cause include Lifespan of Greater Rochester Inc ($14.4m), Brazos Valley Community Action Programs ($14.4m) and Missions United Inc ($14.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $289k (2.5% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $8.7m against liabilities of $1.4m, net assets of $7.3m.