Friends of Flynn Rink Inc

Analysis

Friends of Flynn Rink Inc is a registered charity in United States, based in Medford, MA. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Friends of Flynn Rink Inc reported income of $711k and spending of $731k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $685k to $711k (+3.8%), an average of +0.9% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Flynn Rink Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Moundsview Youth Hockey Association ($711k), Montgomery Soccer Association ($711k) and Lions Camp Merrick Inc ($710k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $217k against liabilities of $75k, net assets of $143k.