Horizon House Delaware Inc

Analysis

Horizon House Delaware Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 1987, 39 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 June 2023, Horizon House Delaware Inc reported income of $9.6m and spending of $9.8m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.3m to $9.6m (+3.8%), an average of +0.9% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Horizon House Delaware Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Hebrew Language Academy Charter School 2 ($9.6m), Greenwood Leflore Educational Foundation Inc ($9.6m) and Folk Arts-Cultural Treasures Charter School ($9.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Other salaries and wages came to $5.2m. At year end it held assets of $3.4m against liabilities of $5.6m, net assets of -$2.2m.