Horizon League Inc

Analysis

Horizon League Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2024, Horizon League Inc reported income of $8.2m and spending of $8.3m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.9m to $8.2m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Horizon League Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Woodall Rodgers Park Foundation ($8.2m), Park Pride Inc ($8.3m) and United States Squash Racquets Association Inc ($8.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $556k (6.7% of expenses). Other salaries and wages came to $481k. At year end it held assets of $13.2m against liabilities of $4.3m, net assets of $9.0m. It reported 13 employees.