Flight Nine Academy

Analysis

Flight Nine Academy is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Flight Nine Academy reported income of $78k and spending of $63k, leaving 20% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $378k to $78k (-79%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 67%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Flight Nine Academy sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Pine Forge Academy Foundation Inc ($78k), Step Up Transitional Living Program Inc ($78k) and Caterpillars to Butterflies Charitable Foundation Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $6,361, net assets of $36k.