Evangelistic Horizons Unlimited Incorporated

Analysis

Evangelistic Horizons Unlimited Incorporated is a registered charity in United States, based in Leesburg, FL. It received its IRS tax-exemption ruling in May 1972, 54 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2020, Evangelistic Horizons Unlimited Incorporated reported income of $569k and spending of $371k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income fell from $964k to $569k (-41%), an average of -41% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 51% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Evangelistic Horizons Unlimited Incorporated sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include See Forward Ministries Corporation ($569k), Mrouk Oo Dhamma Center ($569k) and Foundations First Christian Inc ($568k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 86% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $55k (15% of expenses). Other salaries and wages came to $29k. At year end it held assets of $1.2m against liabilities of $1,420, net assets of $1.2m. It reported 5 employees.