Horizons for Homeless Children Inc

Analysis

Horizons for Homeless Children Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in November 1993, 33 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 2024, Horizons for Homeless Children Inc reported income of $19.4m and spending of $15.5m, spending 80% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $14.3m to $19.4m (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Horizons for Homeless Children Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Sangre de Cristo Hospice & Palliative Care ($19.3m), Inter Tribal Council of Michigan Inc ($19.4m) and Southeast Tennessee Human Resource Agency ($19.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $548k (3.5% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $63.1m against liabilities of $18.9m, net assets of $44.2m. It reported 161 employees.