New Horizons Treatment Center

Analysis

New Horizons Treatment Center is a registered charity in United States, based in Asheboro, NC. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Horizons Treatment Center reported income of $291k and spending of $194k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $256k to $291k (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Horizons Treatment Center sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Hope in Focus Inc ($291k), Madison Emergency Services Association Incorporated ($291k) and Connecting to Cure Crohns and Colit Is Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $60k (31% of expenses). Other salaries and wages came to $33k. At year end it held assets of $110k against liabilities of $1,702, net assets of $109k. It reported 4 employees.