F&l Organizational Support Services Inc

Analysis

F&l Organizational Support Services Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2021, F&l Organizational Support Services Inc reported income of $88k and spending of $456k, spending 517% of what it took in. Across the 2 years on record, from December 2020 to December 2021, income fell from $561k to $88k (-84%), an average of -84% a year. The sharpest change came in the year to December 2021, when income dropped by 84%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, F&l Organizational Support Services Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within LA. Charities of a similar size with the same main cause include Main Street Blytheville Inc ($88k), Suited to Succeed Inc ($88k) and Little Kanawha Area Development Corp ($88k).

On its Form 990-EZ for the period ending December 2021, revenue came from contributions and grants 93% and program service revenue 5.7% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.