New Horizons Un-Limited Inc

Analysis

New Horizons Un-Limited Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, New Horizons Un-Limited Inc reported income of $209k and spending of $72k, leaving 66% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $52k to $209k (+305%), an average of +305% a year. The sharpest change came in the year to June 2024, when income rose by 305%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Horizons Un-Limited Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within WI. Charities of a similar size with the same main cause include Food Pantry of Indian River County Inc ($209k), Sav a Life of Limestone County Inc ($209k) and Project Education Inc ($209k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 104% and program service revenue 0.0% of the total. Other salaries and wages came to $62k. At year end it held assets of $146k against liabilities of $1,476, net assets of $144k. It reported 6 employees.