Horizon Project

Analysis

Horizon Project is a registered charity in United States, based in Milton FRWTR, OR. It received its IRS tax-exemption ruling in September 1978, 48 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 June 2023, Horizon Project reported income of $13.6m and spending of $10.8m, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $9.9m to $13.6m (+37%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Horizon Project sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OR. Charities of a similar size with the same main cause include Family Centered Services of Alaska ($13.6m), Cedar Valley Hospice Inc ($13.6m) and Opportunities Industrialization Center of America Inc ($13.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $311k (2.9% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $15.7m against liabilities of $3.8m, net assets of $11.9m. It reported 273 employees.