Fort Worth Flying Club

Analysis

Fort Worth Flying Club is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fort Worth Flying Club reported income of $285k and spending of $281k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $266k to $285k (+7.0%), an average of +3.4% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fort Worth Flying Club sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Highway City Community Development Inc ($285k), Payson Rodeo Committee Inc ($285k) and Lpif Foundation ($285k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.