Texas · Nonprofit
HALO FLIGHT INC
HALO FLIGHT INC (Texas) receives grants from 31 organizations whose IRS filings report $7,538,501 to it, the largest being ED RACHAL FOUNDATION ($5,439,911). 16 of them have funded it in more than one year.
- Revenue FY2025
- $18M
- Funders on record
- 31
- Grants received
- $7.5M
- Net assets
- $42M
What Halo Flight Inc does
Mission
Halo- flight's mission is to provide medical transport for critically ill or injured persons requiring medical or trauma facilities within our south texas service area. Emergency assistance is provided to all persons regardless of their ability to pay. Halo-flight is a regional air medical transport provider licensed by the texas department of state health services. Halo- flight's scope of care includes helicopter and ground medical transport with a nurse/paramedic medical crew. The medical crews provide advanced life support to adult and pediatric patients including performing assessments.
As stated on its FY2025 Form 990.
Program
Providing air ambulance service to south texas region to critical care accident victims. All program costs are related to this program.
$11,158,116 spent$14,547,425 earned by the program100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $11,158,116.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $38M to $47M (+25%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 1% · 2018 1% · 2024 1% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Jose Pereida
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 11 funders, grant income rose $101k → $269k.
4 of 31 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of HALO FLIGHT INC’s funders (the co-funder graph). Top 30 of 31 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HALO FLIGHT INC leans on a few funders — its largest provides 72% of grant income and the top three 85%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 56% · 2018 55% · 2019 46% · 2020 62% · 2021 44% · 2022 30% · 2023 32% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
63% of HALO FLIGHT INC's funders are still giving 3 years after their first grant; 52% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
99% of HALO FLIGHT INC's grant income comes from Texas funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $681k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding HALO FLIGHT INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $375k on record.
- Department of Justice$375k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like HALO FLIGHT INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Texas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
89% of spending goes to programs.
Governance
Public support
92%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for HALO FLIGHT INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HALO FLIGHT INC?
- HALO FLIGHT INC (Texas) receives grants from 31 organizations whose IRS filings report $7,538,501 to it, the largest being ED RACHAL FOUNDATION ($5,439,911). 16 of them have funded it in more than one year.
- How many funders does HALO FLIGHT INC have?
- IRS filings report 31 organizations giving $7,538,501 in grants to HALO FLIGHT INC, 16 of which have funded it in more than one year.
- Who is the largest funder of HALO FLIGHT INC?
- ED RACHAL FOUNDATION is the largest funder on record, with $5,439,911 in grants. The full list of funders is on this page.
- How can an organization like HALO FLIGHT INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Halo Flight →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 31 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing