Eastern Iowa Honor Flight

Analysis

Eastern Iowa Honor Flight is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Eastern Iowa Honor Flight reported income of $422k and spending of $422k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $483k to $422k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 136%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eastern Iowa Honor Flight sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within IA. Charities of a similar size with the same main cause include Selle Valley Carden School Inc ($422k), Wisconsin Education Innovations Inc ($422k) and Maitripa College ($422k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 34% of the total. At year end it held assets of $1.0m against liabilities of $6,586, net assets of $994k.