Flying Crown Land Group

Analysis

Flying Crown Land Group is a registered charity in United States, based in Steamboat SPR, CO. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover public and societal benefit, 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 December 2023, Flying Crown Land Group reported income of $21.4m and spending of $20.9m, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $10.0m to $21.4m (+113%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Flying Crown Land Group sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include United States Baseball Federation Inc ($21.4m), Mercy Flight Inc ($21.4m) and Tri-Development Center of Aiken County ($21.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $160k (0.8% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $16.5m against liabilities of $598k, net assets of $15.9m. It reported 15 employees.