Talons Out Honor Flight Inc

Analysis

Talons Out Honor Flight Inc is a registered charity in United States, based in Portage, MI. It received its IRS tax-exemption ruling in March 2014, 12 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, Talons Out Honor Flight Inc reported income of $219k and spending of $173k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $365k to $219k (-40%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Talons Out Honor Flight Inc 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 56th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Aloha Kuamoo Aina ($219k), Corrib Theatre ($219k) and Cinestory Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $207k against liabilities of $2,898, net assets of $205k.