Honor Flight Nevada

Analysis

Honor Flight Nevada is a registered charity in United States, based in Washoe Valley, NV. It received its IRS tax-exemption ruling in May 2012, 14 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, Honor Flight Nevada reported income of $434k and spending of $236k, leaving 45% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $324k to $434k (+34%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Honor Flight Nevada sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within NV. Charities of a similar size with the same main cause include Bill Payment Support Services ($434k), Elk Haven Foundation ($434k) and Salaam Cultural Center ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $563k against liabilities of $117k, net assets of $446k.