The Flax Trust

Analysis

The Flax Trust is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1985, 41 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, The Flax Trust reported income of $139k and spending of $70k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $142k to $139k (-2.3%), an average of -2.3% a year. Over the whole period it spent 78% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The Flax Trust sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Set Her Free ($139k), Spandana Foundation ($139k) and Friends of Sycamore House Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 110% of the total. At year end it held assets of $282k against liabilities of $0, net assets of $282k.