Horizon High School of Madison Inc

Analysis

Horizon High School of Madison Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Horizon High School of Madison Inc reported income of $481k and spending of $490k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $481k (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Horizon High School of Madison Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within WI. Charities of a similar size with the same main cause include Chesterton Academy of Annapolis Incorporated ($480k), E G Fisher Public Library ($481k) and Jordanian American Physicians Inc ($480k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $69k (14% of expenses). Other salaries and wages came to $241k. At year end it held assets of $268k against liabilities of $2,588, net assets of $266k. It reported 9 employees.