Flourish Creative

Analysis

Flourish Creative is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in January 2018, 8 years ago. 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 Creative reported income of $260k and spending of $263k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $176k to $260k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Flourish Creative 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 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Healdsburg Museum and Historical Society ($260k), Hans Christian Andersen Montessori School Inc ($260k) and Mohican Area Growth Foundation Incorporated ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $83k (32% of expenses). Other salaries and wages came to $99k. At year end it held assets of $35k against liabilities of $1,620, net assets of $33k. It reported 4 employees.