Honor Flight Northeast Indiana Inc

Analysis

Honor Flight Northeast Indiana Inc is a registered charity in United States, based in Huntertown, IN. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Honor Flight Northeast Indiana Inc reported income of $888k and spending of $907k, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $551k to $888k (+61%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 89%. 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, Honor Flight Northeast Indiana Inc 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 78th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include Virginia Housing Alliance ($888k), Toledo Community Service Center ($888k) and Hudson Soccer Association Inc ($888k).

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 $2.1m against liabilities of $0, net assets of $2.1m.