Honor Flight New England

Analysis

Honor Flight New England is a registered charity in United States, based in Hooksett, NH. It received its IRS tax-exemption ruling in April 2012, 14 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 New England reported income of $291k and spending of $231k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $375k to $291k (-22%), an average of -8.1% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 75% 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 New England sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within NH. Charities of a similar size with the same main cause include The Open Fist Theatre Company Inc ($291k), Nassau County Firefighters Museum and Education Center ($291k) and Cambodia Town Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $52k (23% of expenses). Other salaries and wages came to $15k. At year end it held assets of $642k against liabilities of $3,775, net assets of $638k. It reported 2 employees.