Horizon University a California Non Profit Religious Group

Analysis

Horizon University a California Non Profit Religious Group is a registered charity in United States, based in Diamond Bar, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Horizon University a California Non Profit Religious Group reported income of $558k and spending of $479k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $416k to $558k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Horizon University a California Non Profit Religious Group 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 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Atulado Ministries ($558k), Cactus Nazarene Ministry Center ($558k) and Debrequsquamkidistmariam E O TC ($558k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $209k. At year end it held assets of $713k against liabilities of $405k, net assets of $308k. It reported 16 employees.