Horizon House of Illinois Valley Inc

Analysis

Horizon House of Illinois Valley Inc is a registered charity in United States, based in Peru, IL. It received its IRS tax-exemption ruling in June 1970, 56 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Horizon House of Illinois Valley Inc reported income of $8.5m and spending of $7.8m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $8.5m (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Horizon House of Illinois Valley Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Alabama State University Foundation Inc ($8.5m), St Vincents Day Home ($8.5m) and Vita Living Inc ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $129k (1.6% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $5.9m against liabilities of $1.5m, net assets of $4.4m. It reported 177 employees.