Texas South Plains Honor Flight

Analysis

Texas South Plains Honor Flight is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in September 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, Texas South Plains Honor Flight reported income of $320k and spending of $250k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $303k to $320k (+5.7%), an average of +1.4% a year. The sharpest change came in the year to December 2022, when income rose by 109%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas South Plains Honor Flight sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include West Virginia Public Theatre ($320k), Pembroke Pines Charter School Foundaton Inc ($320k) and Prairie Ridge Health Foundation Inc ($320k).

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 $473k against liabilities of $0, net assets of $473k.