Flatland Productions Inc

Analysis

Flatland Productions Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in January 2012, 14 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, Flatland Productions Inc reported income of $387k and spending of $372k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $387k (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Flatland Productions Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Homeaid Austin Inc ($386k), Precursor Human Capital Development Inc ($387k) and Hopeful Opportunities Presented to Everyone Inc ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10.0% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $113k (30% of expenses). At year end it held assets of $63k against liabilities of $113k, net assets of -$50k. It reported 1 employees.