Cherokee Flyers Inc

Analysis

Cherokee Flyers Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cherokee Flyers Inc reported income of $173k and spending of $89k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $187k to $173k (-7.1%), an average of -7.1% a year. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cherokee Flyers Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include American Legion Foundation of Mo ($173k), Red Oak Montessori School Inc ($173k) and Frankfort Free Library Assn ($173k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 24% of the total. At year end it held assets of $164k against liabilities of $0, net assets of $164k.