The Flynn Foundation Inc

Analysis

The Flynn Foundation Inc is a registered charity in United States, based in Westerly, RI. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Flynn Foundation Inc reported income of $236k and spending of $235k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $316k to $236k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Flynn Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 53rd percentile within RI. Charities of a similar size with the same main cause include Acton Academy Foundation ($235k), Lakota East Athletic Booster Association ($236k) and Dream Partnership ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $274k against liabilities of $0, net assets of $274k.