Two Fly Foundation Inc

Analysis

Two Fly Foundation Inc is a registered charity in United States, based in Casper, WY. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Two Fly Foundation Inc reported income of $388k and spending of $333k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $388k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 361%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Two Fly Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within WY. Charities of a similar size with the same main cause include Arnia Foundation ($388k), Museum of Western Film History ($389k) and Harris Preschool ($388k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $136k against liabilities of $0, net assets of $136k.