Horizons Unlimited of Palo Alto County Inc

Analysis

Horizons Unlimited of Palo Alto County Inc is a registered charity in United States, based in Emmetsburg, IA. It received its IRS tax-exemption ruling in November 1971, 55 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 2023, Horizons Unlimited of Palo Alto County Inc reported income of $2.6m and spending of $2.3m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $2.6m (+5.9%), an average of +1.4% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Horizons Unlimited of Palo Alto County Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IA. Charities of a similar size with the same main cause include Conejo Valley Senior Concerns ($2.6m), Boomcommunity Services Inc ($2.6m) and Uniting Hope for Children Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.2% and program service revenue 94% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $2.3m against liabilities of $228k, net assets of $2.1m. It reported 57 employees.