Horizon Media Studios Inc

Analysis

Horizon Media Studios Inc is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in November 2008, 18 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 2023, Horizon Media Studios Inc reported income of $166k and spending of $140k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $163k to $166k (+2.1%), an average of +2.1% a year. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Horizon Media Studios Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Prison Mission Association ($166k), Scholars Gospel Work ($166k) and Vine and Branches Global Ministries ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,749 against liabilities of $116k, net assets of -$112k.