Theological Horizons Inc

Analysis

Theological Horizons Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Theological Horizons Inc reported income of $560k and spending of $561k, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $289k to $560k (+94%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Theological Horizons Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Midland Ministries Inc ($560k), Global Intercultural Services ($561k) and United for the Least Corporation ($560k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $128k (23% of expenses). Other salaries and wages came to $125k. At year end it held assets of $301k against liabilities of $16k, net assets of $285k. It reported 8 employees.