Honor Flight Central Coast California Inc

Analysis

Honor Flight Central Coast California Inc is a registered charity in United States, based in Paso Robles, CA. It received its IRS tax-exemption ruling in July 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 June 2024, Honor Flight Central Coast California Inc reported income of $389k and spending of $443k, spending 114% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $137k to $389k (+183%), an average of +68% a year. The sharpest change came in the year to June 2023, when income rose by 92%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Honor Flight Central Coast California Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Cornerstone Lodge Inc ($389k), Abeka Fund Inc ($389k) and William Guy Forbeck Research Foundation ($389k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 1.8% of the total. At year end it held assets of $221k against liabilities of $0, net assets of $221k.