Stars and Stripes Honor Flight Inc

Analysis

Stars and Stripes Honor Flight Inc is a registered charity in United States, based in Menomonee FLS, WI. 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, Stars and Stripes Honor Flight Inc reported income of $1.7m and spending of $1.6m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.7m (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stars and Stripes Honor Flight Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include Tke Foundation Inc ($1.7m), The Childs Primary School ($1.7m) and Stronger Families ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $5.1m against liabilities of $148k, net assets of $4.9m.