Honor Flight, Inc.

Honor Flight, Inc. is a distinguished nonprofit organization dedicated to honoring America's veterans. It is headquartered in Arlington, Virginia, and operates as a 501(c)(3) entity, ensuring its donations are tax-deductible.

Mission

The organization's primary mission is to provide free transportation for American veterans to visit memorials in Washington, D.C. that commemorate their service and sacrifices. This is achieved through a network of 130 hubs across 45 states, which coordinate, fundraise, and organize these trips. Veterans travel at no cost using various transportation modes, including commercial, private, and charter aircraft, as well as buses.

Operations and Impact

In 2022, Honor Flight, Inc. successfully transported 21,800 veterans to Washington D.C. This significant accomplishment highlights the organization's commitment to serving veterans with utmost respect and gratitude. The trips are all-expenses-paid for the veterans, ensuring that they can visit their respective war and service memorials without financial burden.

Governance and Financials

Honor Flight, Inc. has received a perfect score of 100% from Charity Navigator, earning it a Four-Star rating. This high rating reflects the organization's strong commitment to accountability and financial management. It boasts a fully independent board, ensuring that decisions are made in the best interest of the organization without conflicts of interest. Additionally, the nonprofit excels in financial oversight with no reported material diversion of assets and a low liabilities-to-assets ratio, indicating a solid financial foundation.

Financial data shows that the majority of Honor Flight, Inc.'s funding goes directly to its mission. It has a high program expense ratio, demonstrating effective use of its resources. The organization also does not incur professional fundraising fees, further underscoring its cost-effective approach to fundraising.

Revenue and Expenses

Honor Flight, Inc. depends significantly on contributions from donors, which account for a large portion of its revenue. Program services also provide substantial income. The organization manages its expenses efficiently, with executive compensation and other salaries being only a fraction of its total expenses.

Conclusion

Honor Flight, Inc. stands as a testament to the nation's appreciation for its veterans. Through its operational efficiency and commitment to honoring America's heroes, the organization ensures that veterans receive the recognition they deserve.