Mounting Horizons

Analysis

Mounting Horizons is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2022, Mounting Horizons reported income of $791k and spending of $840k, spending 106% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $886k to $791k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mounting Horizons 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 76th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Zoes House Adoption Agency Inc ($791k), Illinois State Alliance of Ymcas ($791k) and Winston County Self Help Cooperative ($791k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $84k (10.0% of expenses). Other salaries and wages came to $193k. At year end it held assets of $17k against liabilities of $22k, net assets of -$5,467. It reported 11 employees.