Honor Flight of Southern Indiana Inc
Analysis
Honor Flight of Southern Indiana Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in February 2015, 11 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 of Southern Indiana Inc reported income of $290k and spending of $279k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $293k to $290k (-1.1%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income rose by 191%. Over the whole period it spent 93% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Honor Flight of Southern Indiana Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IN. Charities of a similar size with the same main cause include Agape Retirement Home Inc ($290k), South Florida Progress Foundation Inc ($290k) and Medford Area Youth Hockey Association Inc ($290k).
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 $369k against liabilities of $0, net assets of $369k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Agape Retirement Home Inc | Valdese | $290k |
| South Florida Progress Foundation Inc | Miami | $290k |
| Medford Area Youth Hockey Association Inc | Medford | $290k |
| Innovative Preschool Incorporated | Chico | $290k |