New Horizons Family Ministry Inc

Analysis

New Horizons Family Ministry Inc is a registered charity in United States, based in Cleveland, NY. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, New Horizons Family Ministry Inc reported income of $76k and spending of $86k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $76k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 109% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Horizons Family Ministry Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Bread of Life Tabernacle MD ($76k), Vaad Hakashrus of Buffalo Inc ($76k) and Iglesia Pentecostes Fuente de Luz ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $123k against liabilities of $4,741, net assets of $118k.