The Flag Foundation

Analysis

The Flag Foundation is a registered charity in United States, based in Paso Robles, CA. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Flag Foundation reported income of $340k and spending of $344k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $204k to $340k (+67%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Flag Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Ranch of Hope Inc ($340k), Northwest Wyoming Family Planning Inc ($340k) and Restore Ministries Inc ($340k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of $1.7m, net assets of -$150k.

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.