Flying Panthers Foundation

Analysis

Flying Panthers Foundation is a registered charity in United States, based in Citrus Heights, CA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Flying Panthers Foundation reported income of $467k and spending of $392k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $242k to $467k (+93%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Flying Panthers Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Covenant Christian School ($467k), Carnegie Project on the Education Doctorate ($467k) and Antiochian House of Studies Inc ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 92% of the total. At year end it held assets of $232k against liabilities of $2,363, net assets of $230k.