Horizon Lodge Garden Apartments Inc

Analysis

Horizon Lodge Garden Apartments Inc is a registered charity in United States, based in Conrad, MT. It received its IRS tax-exemption ruling in September 1995, 31 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 May 2023, Horizon Lodge Garden Apartments Inc reported income of $548k and spending of $511k, spending 93% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $491k to $548k (+12%), an average of +3.7% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Horizon Lodge Garden Apartments Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within MT. Charities of a similar size with the same main cause include Community Affordable Supported Living Inc ($548k), Trees for Charity Foundation Inc ($548k) and Southeastern Indiana Independent Living Center Inc ($548k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $25k (4.8% of expenses). Other salaries and wages came to $99k. At year end it held assets of $900k against liabilities of $102k, net assets of $798k. It reported 6 employees.