Teens-In-Flight Incorporated

Analysis

Teens-In-Flight Incorporated is a registered charity in United States, based in Palm Coast, FL. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Teens-In-Flight Incorporated reported income of $581k and spending of $428k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $581k (+520%), an average of +58% a year. The sharpest change came in the year to December 2020, when income rose by 146%. Over the whole period it spent 66% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Teens-In-Flight Incorporated sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Israeli Scouts of Los Angeles ($581k), Newport Beach Junior Lifeguard Foundation ($581k) and Medical Education Resources Initiative for Teens Inc ($580k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $47k (11% of expenses). At year end it held assets of $565k against liabilities of $30k, net assets of $534k.