Flourish Furnishings

Analysis

Flourish Furnishings is a registered charity in United States, based in Grandview, MO. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Flourish Furnishings reported income of $1.9m and spending of $1.8m, spending 91% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $324k to $1.9m (+495%), an average of +81% a year. The sharpest change came in the year to December 2023, when income rose by 291%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Flourish Furnishings sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MO. Charities of a similar size with the same main cause include National Council of Jewish Women Ne W York Section ($1.9m), Virginia Independence Training Organization ($1.9m) and Do-All Incorporated ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $88k (5.0% of expenses). Other salaries and wages came to $76k. At year end it held assets of $497k against liabilities of $2,736, net assets of $494k. It reported 8 employees.