Educational Horizons Inc

Analysis

Educational Horizons Inc is a registered charity in United States, based in Satellite BCH, FL. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Educational Horizons Inc reported income of $1.6m and spending of $1.6m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $987k to $1.6m (+60%), an average of +9.8% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Horizons Inc 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 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Canterbury School Foundation Inc ($1.6m), Level Field Facilities Fund Inc ($1.6m) and Center Place Restoration Church ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% and program service revenue 68% of the total. Other salaries and wages came to $766k. At year end it held assets of $2.1m against liabilities of $1.5m, net assets of $571k. It reported 23 employees.