New Horizon Family Health Services Inc

Analysis

New Horizon Family Health Services Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 January 2024, New Horizon Family Health Services Inc reported income of $30.2m and spending of $28.4m, spending 94% of its income. Across the 6 years on record, from January 2019 to January 2024, income grew from $26.7m to $30.2m (+13%), an average of +2.5% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Horizon Family Health Services Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within SC. Charities of a similar size with the same main cause include Mercy Flights Inc ($30.2m), Allied Services Institute of Rehabilitation Medicine ($30.3m) and Betty Jean Kerr Peoples Health Centers Inc ($30.2m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 28% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $845k (3.0% of expenses). Other salaries and wages came to $12.1m. At year end it held assets of $23.8m against liabilities of $11.8m, net assets of $12.0m. It reported 282 employees.