History Flight

Analysis

History Flight is a registered charity in United States, based in Marathon, FL. It received its IRS tax-exemption ruling in January 2024, 2 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, History Flight reported income of $2.4m and spending of $272k, leaving 89% of income unspent that year. Across the 4 years on record, from December 2017 to December 2022, income grew from $1.4m to $2.4m (+73%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 403%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, History Flight sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Lowndes Advocacy Resource Center Inc ($2.4m), National Book Foundation Inc ($2.4m) and Idaho Rural Water Association ($2.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $190k. At year end it held assets of $800k against liabilities of $814k, net assets of -$14k. It reported 11 employees.