Leons New Horizons Inc

Analysis

Leons New Horizons Inc is a registered charity in United States, based in Leon, IA. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Leons New Horizons Inc reported income of $91k and spending of $68k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $91k (-0.4%), an average of -0.4% a year. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Leons New Horizons Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within IA. Charities of a similar size with the same main cause include Mount Zion Human Services Inc ($91k), Ministry Development Services Inc ($91k) and Grosse Pointe Crisis Club ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $110k against liabilities of $90, net assets of $110k.