Flyte Partners

Analysis

Flyte Partners is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Flyte Partners reported income of $275k and spending of $211k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $275k (+90%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Flyte Partners sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within LA. Charities of a similar size with the same main cause include Spartanaire Booster Club Inc ($275k), Freedom From Unnecessary Negatives ($275k) and City of Vineland Education Foundation ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $90k (43% of expenses). At year end it held assets of $132k against liabilities of $3,377, net assets of $129k.