Horizons Christian Academy

Analysis

Horizons Christian Academy is a registered charity in United States, based in Chester, SC. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 May 2023, Horizons Christian Academy reported income of $907k and spending of $840k, spending 93% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $593k to $907k (+53%), an average of +11% a year. The sharpest change came in the year to May 2022, when income rose by 31%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Horizons Christian Academy sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within SC. Charities of a similar size with the same main cause include Inspiritus Community Health Foundation ($907k), Better Business Bureau Foundation of El Paso ($909k) and Sandpipers Philanthropy Fund Inc ($907k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $612k. At year end it held assets of $317k against liabilities of $1,952, net assets of $315k. It reported 38 employees.