Horizon House Foundation

Analysis

Horizon House Foundation is a registered charity in United States, based in Peru, IL. It received its IRS tax-exemption ruling in February 1985, 41 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Horizon House Foundation reported income of $480k and spending of $389k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $534k to $480k (-10%), an average of -2.6% a year. The sharpest change came in the year to June 2020, when income dropped by 30%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Horizon House Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include North Dakota Hospital Foundation ($480k), Boys and Girls Club of Pekin ($480k) and PTA Texas Congress ($480k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. Other salaries and wages came to $70k. At year end it held assets of $5.2m against liabilities of $39, net assets of $5.2m.