New Horizons in Autism Inc

Analysis

New Horizons in Autism Inc is a registered charity in United States, based in Freehold, NJ. It received its IRS tax-exemption ruling in January 1982, 44 years ago. 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 September 2023, New Horizons in Autism Inc reported income of $21.0m and spending of $21.4m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $14.4m to $21.0m (+45%), an average of +9.8% a year. The sharpest change came in the year to September 2021, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Horizons in Autism Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Baton Rouge Christian Education Foundation Inc ($21.0m), Guidance Center Inc ($21.0m) and Holyoke Chicopee Springfield Head Start Inc ($21.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $257k (1.2% of expenses). Other salaries and wages came to $13.4m. At year end it held assets of $10.8m against liabilities of $10.8m, net assets of $78k. It reported 507 employees.