Upper Peninsula Honor Flight

Analysis

Upper Peninsula Honor Flight is a registered charity in United States, based in Gladstone, MI. It received its IRS tax-exemption ruling in January 2016, 10 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, Upper Peninsula Honor Flight reported income of $308k and spending of $285k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $363k to $308k (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2022, when income rose by 343%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Upper Peninsula Honor Flight sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Volunteers of America Inc ($308k), Immerman Foundation ($308k) and Platte Valley Humane Society ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 1.2% of the total. At year end it held assets of $783k against liabilities of $876, net assets of $783k.