Hope Horizon Mental Health

Analysis

Hope Horizon Mental Health is a registered charity in United States, based in Tulare, CA. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Hope Horizon Mental Health reported income of $11.8m and spending of $9.4m, spending 80% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $7.3m to $11.8m (+62%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope Horizon Mental Health sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include The Kings University ($11.8m), Kings Daughters School of Maury County Tennessee ($11.8m) and Higher Education Servicing Corp in ($11.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $557k (5.9% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $9.3m against liabilities of $2.2m, net assets of $7.2m. It reported 83 employees.