Flynn Fellowship Homes of Gastonia Inc

Analysis

Flynn Fellowship Homes of Gastonia Inc is a registered charity in United States, based in Gastonia, NC. It received its IRS tax-exemption ruling in January 1967, 59 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Flynn Fellowship Homes of Gastonia Inc reported income of $142k and spending of $194k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $207k to $142k (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 126% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Flynn Fellowship Homes of Gastonia Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Breast Cancer Options Inc ($142k), Irelands Dream Inc ($142k) and Survive First ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $69k (35% of expenses). Other salaries and wages came to $37k. At year end it held assets of $291k against liabilities of $6,429, net assets of $284k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.