Mid Michigan Honor Flight Inc
Analysis
Mid Michigan Honor Flight Inc is a registered charity in United States, based in Frederic, MI. It received its IRS tax-exemption ruling in March 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, Mid Michigan Honor Flight Inc reported income of $328k and spending of $432k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $218k to $328k (+51%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 186%. Over the whole period it spent 94% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid Michigan Honor Flight Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($328k), Grace Network International ($328k) and Hinsdale Community Preschool Inc ($328k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Other 24%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| PTA California Congress of Parents Teachers & Students Inc | San Marino | $328k |
| Grace Network International | Redmond | $328k |
| Hinsdale Community Preschool Inc | Hinsdale | $328k |
| Grand Island Public Library Foundat Ion | Grand Island | $328k |