Emergency Assistance Fund for Horizon Air Employees

Analysis

Emergency Assistance Fund for Horizon Air Employees is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, Emergency Assistance Fund for Horizon Air Employees reported income of $134k and spending of $48k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $128k to $134k (+4.3%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income dropped by 46%. Over the whole period it spent 24% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Emergency Assistance Fund for Horizon Air Employees sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OR. Charities of a similar size with the same main cause include Memorial Community Center Inc ($134k), Utah Society for Environmental Education ($134k) and Council of Belmont Organizations Inc-Study Group ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $880k against liabilities of $0, net assets of $880k.