New Horizons of the Treasure Coast Inc

Analysis

New Horizons of the Treasure Coast Inc is a registered charity in United States, based in Fort Pierce, FL. It received its IRS tax-exemption ruling in May 1965, 61 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, New Horizons of the Treasure Coast Inc reported income of $29.0m and spending of $30.9m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $27.6m to $29.0m (+5.2%), an average of +1.3% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Horizons of the Treasure Coast Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Partners in Care Foundation Inc ($29.0m), The Foundation for AIDS Research ($29.1m) and Breckinridge Health Inc ($29.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $1.0m (3.4% of expenses). Other salaries and wages came to $17.5m. At year end it held assets of $15.1m against liabilities of $4.8m, net assets of $10.3m. It reported 582 employees.