Horizon International Inc

Analysis

Horizon International Inc is a registered charity in United States, based in Anderson, IN. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Horizon International Inc reported income of $2.2m and spending of $2.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $2.2m (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2021, when income dropped by 20%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Horizon International Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Association of International Agricultural Research Centers ($2.2m), American Friends of Beit Ruth Inc ($2.2m) and Enlace U S a ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $452k. At year end it held assets of $1.2m against liabilities of $13k, net assets of $1.2m. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.