Washington Area Frisbee Club Inc

Analysis

Washington Area Frisbee Club Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in May 1994, 32 years ago. 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 December 2023, Washington Area Frisbee Club Inc reported income of $534k and spending of $494k, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $438k to $534k (+22%), an average of +4.0% a year. The sharpest change came in the year to December 2022, when income rose by 115%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington Area Frisbee Club Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Association of American Physicians ($534k), Help Office of Owensboro Inc ($534k) and Vow Now Corp ($534k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $119k (24% of expenses). At year end it held assets of $1.5m against liabilities of $2,696, net assets of $1.5m. It reported 3 employees.