Horizons School Inc

Analysis

Horizons School Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2020, Horizons School Inc reported income of $964k and spending of $1.0m, spending 105% of what it took in. Across the 2 years on record, from August 2019 to August 2020, income fell from $1.0m to $964k (-4.0%), an average of -4.0% a year. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Horizons School Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within AL. Charities of a similar size with the same main cause include California State University Stanislaus Auxiliary & Business ($964k), Watertown Library Association ($964k) and Texas County Library Foundation Inc ($964k).

On its Form 990 for the period ending August 2020, revenue came from contributions and grants 43% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $107k (11% of expenses). Other salaries and wages came to $455k. At year end it held assets of $1.8m against liabilities of $422k, net assets of $1.4m. It reported 15 employees.