Poetry Flash

Analysis

Poetry Flash is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in August 1993, 33 years ago. 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 March 2023, Poetry Flash reported income of $201k and spending of $162k, spending 80% of its income. Across the 2 years on record, from March 2022 to March 2023, income fell from $216k to $201k (-6.5%), an average of -6.5% a year. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Poetry Flash sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Highland County Historical Society Inc ($201k), J & J Apartments Inc ($202k) and Beacon Broadcasting Corporation ($201k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.