Horizon Health Inc

Analysis

Horizon Health Inc is a registered charity in United States, based in Royalton, MN. It received its IRS tax-exemption ruling in March 1992, 34 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 June 2023, Horizon Health Inc reported income of $7.6m and spending of $8.4m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.3m to $7.6m (+3.6%), an average of +0.9% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Horizon Health Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Multi-County Community Service Agency Inc ($7.6m), Community Support Services Inc ($7.6m) and Father Flanagans Boys Home ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $2,350 (0.0% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $6.8m against liabilities of $5.3m, net assets of $1.5m. It reported 203 employees.