C F L S Restaurant

Analysis

C F L S Restaurant is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2020, C F L S Restaurant reported income of $171k and spending of $200k, spending 117% of what it took in. Across the 2 years on record, from May 2019 to May 2020, income fell from $172k to $171k (-0.6%), an average of -0.6% a year. Over the whole period it spent 112% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, C F L S Restaurant sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 27th percentile within DC. Charities of a similar size with the same main cause include Latinobuilt Foundation ($171k), Delta Outreach and Education Center Incorporated ($171k) and Shawano County Economic Progress Inc ($171k).

On its Form 990 for the period ending May 2020, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $43k (22% of expenses). At year end it held assets of $34k against liabilities of $74k, net assets of -$41k.