Horizon Home Care & Hospice Inc

Analysis

Horizon Home Care & Hospice Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Horizon Home Care & Hospice Inc reported income of $45.5m and spending of $43.3m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $47.7m to $45.5m (-4.4%), an average of -1.1% a year. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Horizon Home Care & Hospice Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WI. Charities of a similar size with the same main cause include North Carolina Community Carenetworks Inc ($45.5m), Florida Proton Therapy Institute Inc ($45.6m) and Stony Brook Radiology University Faculty Practice Corporation ($45.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.2m (2.8% of expenses). Other salaries and wages came to $23.3m. At year end it held assets of $53.3m against liabilities of $18.6m, net assets of $34.7m. It reported 507 employees.