Horizon Health and Wellness Inc
Analysis
Horizon Health and Wellness Inc is a registered charity in United States, based in Apache Junction, AZ. It received its IRS tax-exemption ruling in October 1986, 40 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, Horizon Health and Wellness Inc reported income of $40.8m and spending of $44.5m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $35.4m to $40.8m (+15%), an average of +3.6% a year. Over the whole period it spent 101% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Horizon Health and Wellness Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within AZ. Charities of a similar size with the same main cause include Costa Salud Community Health Centers Inc ($40.8m), North Oklahoma County Mental Health Center ($40.8m) and Meadows Mental Health Policy Institute for Texas ($40.8m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $1.5m (3.4% of expenses). Other salaries and wages came to $26.0m. At year end it held assets of $36.0m against liabilities of $23.8m, net assets of $12.3m. It reported 675 employees.
Income and spending
Where the income comes from
- Contributions & grants 16%
- Program services 84%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Costa Salud Community Health Centers Inc | Rincon | $40.8m |
| North Oklahoma County Mental Health Center | Oklahoma City | $40.8m |
| Meadows Mental Health Policy Institute for Texas | Dallas | $40.8m |
| Permian Basin Community Centers for Mental Health & Mental Retardation | Midland | $40.8m |