Infinite Horizons Learning Center Inc

Analysis

Infinite Horizons Learning Center Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Infinite Horizons Learning Center Inc reported income of $693k and spending of $571k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $278k to $693k (+150%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Infinite Horizons Learning Center Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Underwood After School Program Inc ($693k), Suncoast Center for Independent Living Inc ($693k) and Christian Social Service Center ($693k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $322k (56% of expenses). At year end it held assets of $276k against liabilities of $502k, net assets of -$226k.