Flam San Diego Corporation

Analysis

Flam San Diego Corporation is a registered charity in United States, based in Encinitas, CA. It received its IRS tax-exemption ruling in March 2021, 5 years ago. 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, Flam San Diego Corporation reported income of $118k and spending of $81k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $118k (+113%), an average of +113% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Flam San Diego Corporation sits at the 40th percentile: it is larger than about 40% 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 Highspring Cares ($118k), Hawthorne Cubs Football Association ($118k) and Will of Herbert Ross Deceased of the Trust Created by Item IV ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.