Flourish of Cullman Inc

Analysis

Flourish of Cullman Inc is a registered charity in United States, based in Cullman, AL. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Flourish of Cullman Inc reported income of $315k and spending of $256k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $213k to $315k (+48%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Flourish of Cullman Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within AL. Charities of a similar size with the same main cause include Flint Social Club ($315k), Disability Pride Philadelphia Inc ($315k) and Beautyunited ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $45k (17% of expenses). Other salaries and wages came to $125k. At year end it held assets of $282k against liabilities of $2,908, net assets of $279k. It reported 27 employees.