Flag City Honor Flight Inc

Analysis

Flag City Honor Flight Inc is a registered charity in United States, based in Findlay, OH. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Flag City Honor Flight Inc reported income of $485k and spending of $427k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $427k to $485k (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2022, when income rose by 191%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Flag City Honor Flight Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Iep Youth Services Inc ($485k), TDC Kids Inc ($485k) and San Antonio Threads ($485k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.9% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.