College Horizons
Analysis
College Horizons is a registered charity in United States, based in Pena Blanca, NM. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2024, College Horizons reported income of $1.0m and spending of $816k, leaving 22% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $827k to $1.0m (+27%), an average of +4.8% a year. The sharpest change came in the year to August 2024, when income rose by 40%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, College Horizons 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 80th percentile within NM. Charities of a similar size with the same main cause include Chrysalis Experiential Academy Inc ($1.0m), Valley Christian School Inc ($1.0m) and Education Resource Center ($1.0m).
On its Form 990 for the period ending August 2024, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $135k (17% of expenses). Other salaries and wages came to $296k. At year end it held assets of $1.3m against liabilities of $45k, net assets of $1.3m. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 49%
- Program services 51%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chrysalis Experiential Academy Inc | Cumming | $1.0m |
| Valley Christian School Inc | Osceola | $1.0m |
| Education Resource Center | Las Vegas | $1.0m |
| Dream Schools | Pittsburgh | $1.0m |