Horizon Educational Services of Columbus Inc

Analysis

Horizon Educational Services of Columbus Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Horizon Educational Services of Columbus Inc reported income of $10.5m and spending of $8.8m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $10.5m (+103%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Horizon Educational Services of Columbus Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Proliteracy Worldwide ($10.5m), Legacy of Excellence Inc ($10.5m) and Pipefitters Local Union No 537 Education Trust ($10.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $126k (1.4% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $14.1m against liabilities of $11.3m, net assets of $2.7m. It reported 96 employees.