Flight Foundation

Analysis

Flight Foundation is a registered charity in United States, based in Unicoi, TN. It received its IRS tax-exemption ruling in March 1999, 27 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 June 2024, Flight Foundation reported income of $221k and spending of $252k, spending 114% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $287k to $221k (-23%), an average of -23% a year. The sharpest change came in the year to June 2024, when income dropped by 23%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Flight Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within TN. Charities of a similar size with the same main cause include Detroit Auto Dealers Associationeducation Foundation Inc ($221k), Wildcat Allsports Booster Club ($222k) and Daffodilians Inc ($221k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.