Honor Flight Southern Nevada

Analysis

Honor Flight Southern Nevada is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in March 2014, 12 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, Honor Flight Southern Nevada reported income of $234k and spending of $147k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $234k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Honor Flight Southern Nevada sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within NV. Charities of a similar size with the same main cause include Inter-University Seminar on Armed Forces and Society ($234k), United College Ministries in Northern Virginia ($234k) and PTA California Congress of Parents Teachers & Students Inc ($234k).

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 $295k against liabilities of $78, net assets of $295k.