Corona Friday Night Lights Flag Football

Analysis

Corona Friday Night Lights Flag Football is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in March 2022, 4 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 December 2023, Corona Friday Night Lights Flag Football reported income of $203k and spending of $174k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $174k to $203k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Corona Friday Night Lights Flag Football sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Santa Clarita Track Club Inc ($203k), Muscatine Soccer Club ($203k) and Hearts Therapeutic Riding Center Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $155k against liabilities of $91k, net assets of $64k.