Horizons Greater Boston Inc

Analysis

Horizons Greater Boston Inc is a registered charity in United States, based in Dedham, MA. It received its IRS tax-exemption ruling in November 2019, 7 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, Horizons Greater Boston Inc reported income of $270k and spending of $269k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $232k to $270k (+16%), an average of +7.8% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Horizons Greater Boston Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Nonprofit Center of the Berkshires Inc ($270k), Community Workshop and Training Center Residentials ($270k) and Marshall County Community Kitchen Inc ($270k).

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 $86k (32% of expenses). Other salaries and wages came to $6,668. At year end it held assets of $141k against liabilities of $1,900, net assets of $139k. It reported 2 employees.