Spirit of Flight Foundation

Analysis

Spirit of Flight Foundation is a registered charity in United States, based in Nampa, ID. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Spirit of Flight Foundation reported income of $460k and spending of $52k, leaving 89% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $87k to $460k (+428%), an average of +52% a year. The sharpest change came in the year to December 2022, when income rose by 690%. Over the whole period it spent 28% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spirit of Flight Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within ID. Charities of a similar size with the same main cause include Mount Zion Baptist Church Preservation Society ($460k), Steamer Virginia V Foundation Inc ($460k) and Community Actors of South Texas ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.9m against liabilities of $37k, net assets of $1.9m.