Freedom Flight Inc

Analysis

Freedom Flight Inc is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in November 1989, 37 years ago. 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 June 2023, Freedom Flight Inc reported income of $103k and spending of $106k, spending 103% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $57k to $103k (+81%), an average of +81% a year. The sharpest change came in the year to June 2023, when income rose by 81%. Over the whole period it spent 127% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Freedom Flight Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within MN. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($103k), Clipped Wings United Air Lines Stewardesses Alumnae Inc ($103k) and Roanoke River Museum Prestwould Foundation ($103k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $107k against liabilities of $1,450, net assets of $106k.