Flex High School Inc

Analysis

Flex High School Inc is a registered charity in United States, based in Lancaster, CA. It received its IRS tax-exemption ruling in July 2015, 11 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 June 2023, Flex High School Inc reported income of $4.0m and spending of $2.8m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $4.0m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Flex High School Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Magic City Acceptance Academy Charter School ($4.0m), Lorain County Community College Foundation ($4.0m) and Sebastopol Independent Charter School Inc ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $943k. At year end it held assets of $8.1m against liabilities of $5.1m, net assets of $2.9m. It reported 19 employees.