Horizons Unlimited of San Francisco Inc

Analysis

Horizons Unlimited of San Francisco Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 1971, 55 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 June 2023, Horizons Unlimited of San Francisco Inc reported income of $3.5m and spending of $3.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $3.5m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Horizons Unlimited of San Francisco Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Lehigh Valley Center for Independant Living Inc ($3.5m), United Methodist Church ($3.5m) and Brooksfield School Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $174k (5.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.2m against liabilities of $2.0m, net assets of $290k. It reported 38 employees.