New Horizons Living Center Inc

Analysis

New Horizons Living Center Inc is a registered charity in United States, based in Bristol, CT. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, New Horizons Living Center Inc reported income of $488k and spending of $494k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $165k to $488k (+197%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Horizons Living Center Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within CT. Charities of a similar size with the same main cause include Stafford Ambulance Association Inc ($488k), Sofies Journey Inc ($489k) and Forever Young Incorporated ($488k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 98% of the total. Other salaries and wages came to $170k. At year end it held assets of $945k against liabilities of $989k, net assets of -$44k. It reported 6 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.