Flight Expo Inc

Analysis

Flight Expo Inc is a registered charity in United States, based in Zimmerman, MN. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Flight Expo Inc reported income of $128k and spending of $99k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $128k (+71%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Flight Expo Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within MN. Charities of a similar size with the same main cause include Visalia Economic Development Corporation ($128k), Boling District Improvement Association ($128k) and Mission Partners for Christ ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $172k against liabilities of $690, net assets of $171k.