Foundation for Free Flight Inc

Analysis

Foundation for Free Flight Inc is a registered charity in United States, based in Truckee, CA. It received its IRS tax-exemption ruling in August 1989, 37 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Foundation for Free Flight Inc reported income of $119k and spending of $87k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $179k to $119k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 64% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Foundation for Free Flight Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Henderson County Livestock Show Association ($119k), Pops Football Club ($119k) and Dulles South Lacrosse Inc ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 57% of the total. At year end it held assets of $1.3m against liabilities of $2,200, net assets of $1.3m.