Global Horizons Incorporated

Analysis

Global Horizons Incorporated is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2023, Global Horizons Incorporated reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.4m (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Global Horizons Incorporated sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include American Road and Transportation Builders Assoc Transportation ($1.4m), Presbyterian Homes of South Florida Inc ($1.4m) and A Choice for Life Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $78k. At year end it held assets of $1.1m against liabilities of $3,433, net assets of $1.1m. It reported 3 employees.