Triangle Flying Disc Association

Analysis

Triangle Flying Disc Association is a registered charity in United States, based in Morrisville, NC. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Triangle Flying Disc Association reported income of $668k and spending of $672k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $356k to $668k (+88%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 305%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Triangle Flying Disc Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Wasilla Youth Soccer Association ($668k), United East Conference ($668k) and Addison County Fair and Field Days Inc ($668k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $60k (8.9% of expenses). Other salaries and wages came to $209k. At year end it held assets of $223k against liabilities of $40k, net assets of $183k. It reported 52 employees.