Flint Social Club

Analysis

Flint Social Club is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover employment, 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, Flint Social Club reported income of $315k and spending of $314k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $551k to $315k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 67% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Flint Social Club sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Beautyunited ($315k), Flourish of Cullman Inc ($315k) and Local 470 Apprenticeship Fund ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.5% and program service revenue 90% of the total. Other salaries and wages came to $97k. At year end it held assets of $433k against liabilities of $212k, net assets of $221k.