Flextalk

Analysis

Flextalk is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Flextalk reported income of $92k and spending of $172k, spending 186% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $250k to $92k (-63%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 67%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Flextalk sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within UT. Charities of a similar size with the same main cause include Little Tokyo Historical Society ($92k), Westchester County School Music Association Inc ($92k) and Peoples Science Network ($92k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 12% and program service revenue 19% of the total. At year end it held assets of $141k against liabilities of $6,941, net assets of $134k.