Northwest Horizons Inc
Analysis
Northwest Horizons Inc is a registered charity in United States, based in Kalispell, MT. It received its IRS tax-exemption ruling in May 1984, 42 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending March 2023, Northwest Horizons Inc reported income of $14.4m and spending of $17.4m, spending 121% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $22.4m to $14.4m (-36%), an average of -10% a year. The sharpest change came in the year to March 2022, when income dropped by 60%. Over the whole period it spent 75% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northwest Horizons Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within MT. Charities of a similar size with the same main cause include Main Line Realty Corporation ($14.4m), Presentation Medical Center ($14.4m) and Lake Superior Community Health Center ($14.4m).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 3.9% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $188k (1.1% of expenses). Other salaries and wages came to $9.1m. At year end it held assets of $44.6m against liabilities of $24.6m, net assets of $20.0m. It reported 242 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.9%
- Program services 74%
- Other 22%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Main Line Realty Corporation | Radnor | $14.4m |
| Presentation Medical Center | Rolla | $14.4m |
| Lake Superior Community Health Center | Duluth | $14.4m |
| Lungevity Foundation | Chicago | $14.4m |