FSL Management

Analysis

FSL Management is a registered charity in United States, based in Phoenix, AZ. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, FSL Management reported income of $3.8m and spending of $4.2m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $3.8m (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, FSL Management sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within AZ. Charities of a similar size with the same main cause include Covenant Living of Bixby Inc ($3.8m), Dallas City Homes Inc ($3.8m) and Hearth Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $738k (18% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.7m against liabilities of $3.7m, net assets of -$2.0m. It reported 80 employees.