Horizons Greater Washington Inc

Analysis

Horizons Greater Washington Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Horizons Greater Washington Inc reported income of $1.6m and spending of $1.8m, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $1.6m (+15%), an average of +3.6% a year. The sharpest change came in the year to September 2022, when income rose by 102%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Horizons Greater Washington Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 62nd percentile within DC. Charities of a similar size with the same main cause include Call of the Sea ($1.6m), Boys and Girls Club of LA Platacounty Inc ($1.6m) and Utica Safe School Healthy Students Partnership Inc ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $165k (9.1% of expenses). Other salaries and wages came to $804k. At year end it held assets of $1.3m against liabilities of $150k, net assets of $1.1m. It reported 106 employees.