Flagstaff Snow Sharks Inc

Analysis

Flagstaff Snow Sharks Inc is a registered charity in United States, based in Flagstaff, AZ. It received its IRS tax-exemption ruling in March 1979, 47 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 August 2024, Flagstaff Snow Sharks Inc reported income of $349k and spending of $282k, spending 81% of its income. Across the 3 years on record, from August 2022 to August 2024, income grew from $201k to $349k (+73%), an average of +32% a year. The sharpest change came in the year to August 2023, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Flagstaff Snow Sharks Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within AZ. Charities of a similar size with the same main cause include Nor East Clippers Baseball Corp ($349k), Zia Soccer Club Inc ($349k) and Jacobs Chance Inc ($348k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Other salaries and wages came to $185k. At year end it held assets of $121k against liabilities of $0, net assets of $121k. It reported 31 employees.