Horizons Atlanta Inc

Analysis

Horizons Atlanta Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, Horizons Atlanta Inc reported income of $3.1m and spending of $3.8m, spending 121% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $3.2m to $3.1m (-0.6%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Horizons Atlanta Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Houston Texans Foundation ($3.1m), West Springfield Boys & Girls Club Inc ($3.1m) and The Forest Stewards Guild ($3.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $203k (5.4% of expenses). Other salaries and wages came to $266k. At year end it held assets of $2.6m against liabilities of $672k, net assets of $1.9m. It reported 5 employees.