Honor Flight Central Florida Inc

Analysis

Honor Flight Central Florida Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in February 2013, 13 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, Honor Flight Central Florida Inc reported income of $146k and spending of $154k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $881k to $146k (-83%), an average of -59% a year. The sharpest change came in the year to December 2022, when income dropped by 89%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Honor Flight Central Florida Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Stockton Fire Foundation ($146k), Hope for Mexico Missions Association ($146k) and Little League Baseball Inc ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 21% of the total. At year end it held assets of $765k against liabilities of $9,005, net assets of $756k.