Mid-Peninsula Horizons Inc

Analysis

Mid-Peninsula Horizons Inc is a registered charity in United States, based in Foster City, CA. It received its IRS tax-exemption ruling in July 1991, 35 years ago. 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 2023, Mid-Peninsula Horizons Inc reported income of $310k and spending of $329k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $283k to $310k (+9.7%), an average of +2.3% a year. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid-Peninsula Horizons Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Langley High School Boosters ($310k), Georgia Extension 4-H Foundation ($310k) and Meeting Professionals International ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 49% of the total. Other salaries and wages came to $37k. At year end it held assets of $988k against liabilities of $307k, net assets of $681k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.