Greater Peoria Honor Flight

Analysis

Greater Peoria Honor Flight is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in October 2013, 13 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Greater Peoria Honor Flight reported income of $468k and spending of $385k, spending 82% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $423k to $468k (+11%), an average of +5.2% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Peoria Honor Flight sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Greater Cincinnati Film Commission ($468k), Kona Aquatics Club Inc ($468k) and Association for the Friends of Justice for the 43rd Judicial Circ ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $360k against liabilities of $0, net assets of $360k.