Horizon Wings

Analysis

Horizon Wings is a registered charity in United States, based in Ashford, CT. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Horizon Wings reported income of $69k and spending of $73k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $69k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 110% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Horizon Wings sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within CT. Charities of a similar size with the same main cause include Ohio Coalition for Animals ($69k), Beagle Bungalow Inc ($69k) and Melrose Humane Society ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 42% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.