Great River Honor Flight
Analysis
Great River Honor Flight is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in August 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, Great River Honor Flight reported income of $194k and spending of $169k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $162k to $194k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 64% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Great River Honor Flight sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Society for the Advancement of Material & Process Engineers ($194k), Hip Wah School ($194k) and Koronis Lake Association Inc ($194k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $542k against liabilities of $0, net assets of $542k.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Society for the Advancement of Material & Process Engineers | Diamond Bar | $194k |
| Hip Wah School | Oakland | $194k |
| Koronis Lake Association Inc | Paynesville | $194k |
| Great Adventure Ministries | Omaha | $194k |