Horizons New Jersey

Analysis

Horizons New Jersey is a registered charity in United States, based in Rumson, NJ. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2022, Horizons New Jersey reported income of $356k and spending of $353k, spending 99% of its income. Across the 3 years on record, from June 2021 to September 2022, income grew from $291k to $356k (+22%), an average of +10% a year. The sharpest change came in the year to September 2022, when income rose by 26%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Horizons New Jersey sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Bayview Association for Youth ($356k), Smart Gen Society Inc ($356k) and Marietta Police Athletic League Inc ($355k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $201k. At year end it held assets of $410k against liabilities of $0, net assets of $410k. It reported 19 employees.