Horizonte Scholarship Fund Inc

Analysis

Horizonte Scholarship Fund Inc is a registered charity in United States, based in Salt Lake Cty, UT. 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 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, Horizonte Scholarship Fund Inc reported income of $106k and spending of $100k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $106k (+13%), an average of +13% a year. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Horizonte Scholarship Fund Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within UT. Charities of a similar size with the same main cause include Parakletos Inc ($106k), Association Des Petits Ecoliers de Miami ($106k) and Friends of Eagle Ridge Academy Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.