Nuevos Horizontes de Starr County

Analysis

Nuevos Horizontes de Starr County is a registered charity in United States, based in Rio Grande Cy, TX. It received its IRS tax-exemption ruling in June 2014, 12 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 December 2023, Nuevos Horizontes de Starr County reported income of $69k and spending of $60k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $69k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nuevos Horizontes de Starr County sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Mayors Christmas Tree Association ($69k), Davidson Heights ($69k) and Womens Center for Healing & Transformation ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $90k against liabilities of $9, net assets of $90k.