Health Horizons Inc

Analysis

Health Horizons Inc is a registered charity in United States, based in Lumberton, NC. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Health Horizons Inc reported income of $2.7m and spending of $3.2m, spending 119% of what it took in. Across the 5 years on record, from September 2019 to June 2023, income fell from $4.0m to $2.7m (-31%), an average of -8.9% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 127% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Horizons Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Childrens Health Investment Program Inc ($2.7m), Ao North America Charitable Fund ($2.7m) and Cabarrus Healthcare Foundation ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $746k against liabilities of $46k, net assets of $701k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.