Honor Flight Columbus Inc

Analysis

Honor Flight Columbus Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in September 2010, 16 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, Honor Flight Columbus Inc reported income of $1.4m and spending of $1.1m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.4m (-7.5%), an average of -1.9% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Honor Flight Columbus Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Comunidad Maya Pixan Ixim Reinforcing Our Roots Living Our M ($1.4m), Avenue Concept Inc ($1.4m) and Mystic Museum of Art Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $167k. At year end it held assets of $2.1m against liabilities of $27k, net assets of $2.1m. It reported 3 employees.