Halifax County Business Horizons Inc

Analysis

Halifax County Business Horizons Inc is a registered charity in United States, based in Roanoke Rapid, NC. It received its IRS tax-exemption ruling in January 2019, 7 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 June 2024, Halifax County Business Horizons Inc reported income of $94k and spending of $156k, spending 166% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $49k to $94k (+89%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 1154%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Halifax County Business Horizons Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Orlando Firefighters Benevolent Association Inc ($94k), Gods Storehouse ($94k) and Country Trend Inc 2107 Ellenton RD ($94k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $431k against liabilities of $0, net assets of $431k.