Horizon Science Academy Dayton Downtown Inc

Analysis

Horizon Science Academy Dayton Downtown Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Horizon Science Academy Dayton Downtown Inc reported income of $3.9m and spending of $3.6m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.9m (+54%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Horizon Science Academy Dayton Downtown Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Californians Together ($3.9m), Business Education in Science and Technology for New Americans Inc ($3.9m) and Alumni Association University of Nebraska ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $95k (2.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.9m against liabilities of $4.7m, net assets of -$720k. It reported 43 employees.