Horizon Initiative

Analysis

Horizon Initiative is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Horizon Initiative reported income of $3.2m and spending of $10.6m, spending 335% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $3.2m (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2020, when income rose by 129%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Horizon Initiative sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Yeshiva Imrei Bina Inc ($3.2m), Catholic Charities Foundation ($3.2m) and Here Be Lions Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $382k (3.6% of expenses). Other salaries and wages came to $584k. At year end it held assets of $1.8m against liabilities of $2.4m, net assets of -$535k. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.