New Horizons Mental Health Services Inc

Analysis

New Horizons Mental Health Services Inc is a registered charity in United States, based in Lancaster, OH. It received its IRS tax-exemption ruling in October 1974, 52 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New Horizons Mental Health Services Inc reported income of $6.4m and spending of $6.6m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.7m to $6.4m (-5.6%), an average of -1.4% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 97% 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 Mental Health Services Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Huntington Study Group Ltd ($6.4m), The Boggy Creek Gang Inc ($6.4m) and Allegany Rehabilitation Associates Inc ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $247k (3.7% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $3.2m against liabilities of $1.2m, net assets of $2.1m. It reported 96 employees.