Horizons Expeditions

Analysis

Horizons Expeditions is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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, Horizons Expeditions reported income of $1.4m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.4m (-4.0%), an average of -1.0% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Horizons Expeditions sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include Wells Emergency Medical Service Inc ($1.4m), United Way of Gratiot & Isabella Counties ($1.4m) and Diocesan Council of Biloxi Society of St Vincent de Paul ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Other salaries and wages came to $69k. At year end it held assets of $630k against liabilities of $0, net assets of $630k.