Horizon Academy Foundation

Analysis

Horizon Academy Foundation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Horizon Academy Foundation reported income of $594k and spending of $513k, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $570k to $594k (+4.3%), an average of +1.4% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Horizon Academy Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NM. Charities of a similar size with the same main cause include Bozeman Field School Inc ($594k), A Childs Garden Inc ($594k) and Greenbrier Community School Inc ($594k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $5.4m against liabilities of $6.1m, net assets of -$767k.