New Horizons School

Analysis

New Horizons School is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in February 1972, 54 years ago. 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 August 2023, New Horizons School reported income of $247k and spending of $266k, spending 108% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $211k to $247k (+17%), an average of +4.0% a year. The sharpest change came in the year to August 2022, when income rose by 15%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Horizons School sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include The Claude Pepper Foundation Inc ($247k), Big Spring Area Chamber of Commerce Charitable Trust 1 ($247k) and St Francis School Foundation Inc ($247k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $167k. At year end it held assets of $180k against liabilities of $4,725, net assets of $175k. It reported 12 employees.