Horizon North Housing Inc

Analysis

Horizon North Housing Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in November 2004, 22 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 June 2023, Horizon North Housing Inc reported income of $431k and spending of $500k, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $350k to $431k (+23%), an average of +7.2% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Horizon North Housing Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within MO. Charities of a similar size with the same main cause include Rooted Northwest Arkansas ($431k), Hands of Faith General Residential Operations ($431k) and Soar Special Needs ($430k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Other salaries and wages came to $272k. At year end it held assets of $1.6m against liabilities of $1.3m, net assets of $312k. It reported 14 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.