Flathead Rapids Inc

Analysis

Flathead Rapids Inc is a registered charity in United States, based in Columbia FLS, MT. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Flathead Rapids Inc reported income of $219k and spending of $258k, spending 118% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $198k to $219k (+10%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Flathead Rapids 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 56th percentile, and in the 55th percentile within MT. Charities of a similar size with the same main cause include Friends of Middlebury Hockey Inc ($219k), Norco Activity Boosters ($219k) and California Competitive Youth Baseball Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $7,462 (2.9% of expenses). Other salaries and wages came to $51k. At year end it held assets of $99k against liabilities of $347, net assets of $99k. It reported 31 employees.