Horizons Unlimited Inc

Analysis

Horizons Unlimited Inc is a registered charity in United States, based in Desa Pe, ME. It received its IRS tax-exemption ruling in May 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Horizons Unlimited Inc reported income of $207k and spending of $207k, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $225k to $207k (-7.8%), an average of -2.0% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Horizons Unlimited Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 47th percentile within ME. Charities of a similar size with the same main cause include Life in Abundance ($207k), Allred Chapel Project ($207k) and Community & Life Services Inc ($207k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (12% of expenses). At year end it held assets of $49k against liabilities of $43k, net assets of $6,072. It reported 2 employees.