Honor Flight Greater Lafayette Indiana Inc

Analysis

Honor Flight Greater Lafayette Indiana Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in November 2019, 7 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 Greater Lafayette Indiana Inc reported income of $164k and spending of $148k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $169k to $164k (-3.0%), an average of -3.0% a year. Over the whole period it spent 144% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Honor Flight Greater Lafayette Indiana Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within IN. Charities of a similar size with the same main cause include Temate Institute for Black Dance and Culture LLC ($164k), Penndel-Middletown Emergency Squad Relief Association ($164k) and Chenequa Foundation ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $171k against liabilities of $0, net assets of $171k.