Land of Lincoln Honor Flight

Analysis

Land of Lincoln Honor Flight is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in July 2009, 17 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, Land of Lincoln Honor Flight reported income of $536k and spending of $500k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $674k to $536k (-21%), an average of -5.6% a year. The sharpest change came in the year to December 2022, when income rose by 162%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Land of Lincoln Honor Flight sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Afcea Educational Foundation ($536k), Hellenic Society Paideia Inc ($536k) and The Valley Hospital Auxiliary ($536k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.