First Coast Honor Flight Inc

Analysis

First Coast Honor Flight Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in November 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Coast Honor Flight Inc reported income of $88k and spending of $101k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $126k to $88k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, First Coast Honor Flight Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Cardz for Kidz NFP ($88k), PTA Colorado Congress ($88k) and The Service League Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.