Residents Council of Horizon House

Analysis

Residents Council of Horizon House is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 2001, 25 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 March 2022, Residents Council of Horizon House reported income of $539k and spending of $516k, spending 96% of its income. Across the 3 years on record, from March 2020 to March 2022, income grew from $475k to $539k (+13%), an average of +6.5% a year. The sharpest change came in the year to March 2022, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Residents Council of Horizon House sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within WA. Charities of a similar size with the same main cause include Foodcycle ($539k), Hostage US Inc ($539k) and Pregnancy Care Center of Chandler ($539k).

On its Form 990 for the period ending March 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $212k against liabilities of $2,178, net assets of $210k.