Honor Flight Twin Cities

Analysis

Honor Flight Twin Cities is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Twin Cities reported income of $105k and spending of $122k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $226k to $105k (-53%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 70%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Honor Flight Twin Cities sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within MN. Charities of a similar size with the same main cause include Flying Carpet Theater Inc ($105k), Cantores in Ecclesia ($105k) and Palm Beach Opera Guild Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.