Franklin Little Flyer Academy Inc

Analysis

Franklin Little Flyer Academy Inc is a registered charity in United States, based in Franklin, NE. It received its IRS tax-exemption ruling in June 2018, 8 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, Franklin Little Flyer Academy Inc reported income of $55k and spending of $78k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $124k to $55k (-56%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Franklin Little Flyer Academy Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within NE. Charities of a similar size with the same main cause include Someone Special Needs You Inc ($55k), Center for Groveport Madison Human Needs ($55k) and Snap Sports Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. At year end it held assets of $100k against liabilities of $235, net assets of $100k. It reported 10 employees.