New Horizons New Directions for Youths and Family Inc
Analysis
New Horizons New Directions for Youths and Family Inc is a registered charity in United States, based in Griffin, GA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, New Horizons New Directions for Youths and Family Inc reported income of $344k and spending of $382k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $317k to $344k (+8.3%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 87% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, New Horizons New Directions for Youths and Family Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Branch Lutheran Schools of Haiti Inc ($344k), Greyhound Athletics Booster Club ($344k) and Friends of the Whitehall Public Library Inc ($344k).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $28k (7.3% of expenses). Other salaries and wages came to $76k. At year end it held assets of $418k against liabilities of $575k, net assets of -$158k. It reported 7 employees.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Branch Lutheran Schools of Haiti Inc | Saint Paul | $344k |
| Greyhound Athletics Booster Club | Boerne | $344k |
| Friends of the Whitehall Public Library Inc | Whitehall | $344k |
| Aspire P16 Collaborative | Springfield | $344k |