Horizon Outreach

Analysis

Horizon Outreach is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2010, 16 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, Horizon Outreach reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.3m to $1.1m (-14%), an average of -3.8% a year. The sharpest change came in the year to September 2021, when income rose by 71%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Horizon Outreach sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Helping Our Women Inc ($1.1m), Haleys Hope Inc ($1.1m) and Ellery Court Senior Housing Developement Fund Corporation ($1.1m).

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 $130k (12% of expenses). Other salaries and wages came to $189k. At year end it held assets of $33k against liabilities of $16k, net assets of $16k. It reported 13 employees.