Flying Squirrels Charities

Analysis

Flying Squirrels Charities is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in August 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Flying Squirrels Charities reported income of $72k and spending of $75k, spending 104% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $82k to $72k (-11%), an average of -12% a year. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Flying Squirrels Charities sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within VA. Charities of a similar size with the same main cause include Central New York Action Sports Inc ($72k), Seattle Cherry Blossom and Japanese Cultural Festival Committee ($72k) and Five1 Athletics Incorporated ($72k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.