New Horizon High School

Analysis

New Horizon High School is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, New Horizon High School reported income of $884k and spending of $945k, spending 107% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income grew from $248k to $884k (+257%), an average of +53% a year. The sharpest change came in the year to June 2020, when income rose by 196%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Horizon High School sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within AZ. Charities of a similar size with the same main cause include Freedom House Ministries ($884k), Kewanee School District 229 Foundation Fund ($884k) and Brightpath ($884k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Other salaries and wages came to $431k. At year end it held assets of $277k against liabilities of $475k, net assets of -$199k. It reported 22 employees.