Big Apple Honor Flight Inc

Analysis

Big Apple Honor Flight Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2017, 9 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, Big Apple Honor Flight Inc reported income of $124k and spending of $112k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $146k to $124k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Big Apple Honor Flight Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Fund for Bric Inc ($124k), The Artists Commission ($124k) and Wisconsin Newspaper Association Foundation Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.