Honor Flight Network of Kansas City

Analysis

Honor Flight Network of Kansas City is a registered charity in United States, based in Smithville, MO. It received its IRS tax-exemption ruling in April 2020, 6 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 Network of Kansas City reported income of $75k and spending of $113k, spending 151% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $110k to $75k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 112% 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 Network of Kansas City sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within MO. Charities of a similar size with the same main cause include Derby Historical Society ($75k), Cashel Dennehy School of Irish Dance Inc ($75k) and Granby Preservation Society Inc ($75k).

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 $60k against liabilities of $260, net assets of $60k.