Professional Flair Inc

Analysis

Professional Flair Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2023, Professional Flair Inc reported income of $578k and spending of $605k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $440k to $578k (+31%), an average of +7.1% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Professional Flair Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Tri314 Multidisciplinary Visual Performances Inc ($578k), Scare Crew Productions Inc ($578k) and Vance Granville Community College Endowment Fund ($578k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $46k (7.6% of expenses). Other salaries and wages came to $97k. At year end it held assets of $521k against liabilities of $39k, net assets of $482k. It reported 5 employees.