Horizon Institute of Sports Technology and the Arts

Analysis

Horizon Institute of Sports Technology and the Arts is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 February 2024, Horizon Institute of Sports Technology and the Arts reported income of $116k and spending of $119k, spending 102% of its income. Across the 3 years on record, from February 2022 to February 2024, income grew from $86k to $116k (+35%), an average of +16% a year. The sharpest change came in the year to February 2024, when income rose by 72%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Horizon Institute of Sports Technology and the Arts sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within VA. Charities of a similar size with the same main cause include Costa Mesa High School Band Boosters ($116k), Barbara M Tufts Co-Operative Preschool ($116k) and Illinois Congress of Parents Teachers ($116k).

On its Form 990-EZ for the period ending February 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $2,295 against liabilities of $0, net assets of $2,295.