FLS Inc

Analysis

FLS Inc is a registered charity in United States, based in Laurens, SC. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, FLS Inc reported income of $122k and spending of $122k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $119k to $122k (+2.3%), an average of +2.3% a year. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, FLS Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within SC. Charities of a similar size with the same main cause include Chipola Rainbow Home Builders Association Inc ($122k), Eastgate Apartments ($122k) and Bristol County Property Management Company ($122k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $124k against liabilities of $779k, net assets of -$656k.