New Horizons Service Dogs Inc

Analysis

New Horizons Service Dogs Inc is a registered charity in United States, based in Orange City, FL. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, New Horizons Service Dogs Inc reported income of $802k and spending of $625k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $429k to $802k (+87%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 74%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Horizons Service Dogs Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Ministerial Association of Colusa County ($801k), Little Essentials ($802k) and Somali Bantu Community Association of Maine ($801k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $153k. At year end it held assets of $1.5m against liabilities of $478k, net assets of $1.0m. It reported 13 employees.