Flywheel Fund for Career Choice

Analysis

Flywheel Fund for Career Choice is a registered charity in United States, based in Petaluma, CA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Flywheel Fund for Career Choice reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $400k to $1.2m (+189%), an average of +189% a year. The sharpest change came in the year to December 2023, when income rose by 189%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Flywheel Fund for Career Choice sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Cedar Valley Montessori School Inc ($1.2m), Raising Expectations Inc ($1.2m) and Tcaabc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $396k against liabilities of $0, net assets of $396k.