F L a G Inc

Analysis

F L a G Inc is a registered charity in United States, based in Portage, MI. It received its IRS tax-exemption ruling in May 1990, 36 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, F L a G Inc reported income of $3.2m and spending of $3.4m, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.1m to $3.2m (+2.1%), an average of +0.5% a year. The sharpest change came in the year to September 2021, when income rose by 47%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, F L a G Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include P E O International Peace Scholarship Fund ($3.2m), Tunisian-American Enterprise Fund ($3.2m) and Central American Medical Outreach Inc ($3.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $372k (11% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.2m against liabilities of $2.7m, net assets of -$470k. It reported 30 employees.