Checkered Flag Ball

Analysis

Checkered Flag Ball is a registered charity in United States, based in Birmingham, MI. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Checkered Flag Ball reported income of $86k and spending of $117k, spending 136% of what it took in. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Checkered Flag Ball sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include Colonial Capital Williamsburg Kiwanis Foundation ($86k), Project Care - for Inc ($86k) and Smart Women Smart Money Educational Foundation ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $70k against liabilities of $88k, net assets of -$18k.