Pflag Inc

Analysis

Pflag Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1994, 32 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 September 2022, Pflag Inc reported income of $6.0m and spending of $4.2m, leaving 31% of income unspent that year. Across the 4 years on record, from September 2019 to September 2022, income grew from $2.5m to $6.0m (+141%), an average of +34% a year. The sharpest change came in the year to September 2020, when income rose by 132%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pflag Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 82nd percentile within DC. Charities of a similar size with the same main cause include Extra Special People Inc ($6.0m), Michigan School of Psychology ($6.0m) and Acca Inc Annandale Christian Community for Action ($6.0m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 87% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $347k (8.4% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $9.3m against liabilities of $580k, net assets of $8.7m. It reported 23 employees.