Flourish Homes Incorporated

Analysis

Flourish Homes Incorporated is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Flourish Homes Incorporated reported income of $324k and spending of $277k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $255k to $324k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Flourish Homes Incorporated sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within OK. Charities of a similar size with the same main cause include Refuge City ($324k), Marthas Mission Cupboard Inc ($324k) and Build Block Community Child Care Incorporated ($324k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $36k (13% of expenses). Other salaries and wages came to $108k. At year end it held assets of $88k against liabilities of -$129, net assets of $89k. It reported 17 employees.