Horizons Social Services of Adams County Inc

Analysis

Horizons Social Services of Adams County Inc is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, Horizons Social Services of Adams County Inc reported income of $1.9m and spending of $1.7m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+76%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 79%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Horizons Social Services of Adams County Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Small Wonders Child Development Center of Lakeland Inc ($1.9m), Jewish Family Services of Greater Orlando Inc ($1.9m) and Houseproud Atlanta Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $438k. At year end it held assets of $2.3m against liabilities of $38k, net assets of $2.2m. It reported 20 employees.