The Horizon School

Analysis

The Horizon School is a registered charity in United States, based in Shoreline, WA. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, The Horizon School reported income of $981k and spending of $783k, leaving 20% of income unspent that year. Across the 5 years on record, from July 2020 to July 2024, income grew from $556k to $981k (+76%), an average of +15% a year. The sharpest change came in the year to July 2022, when income rose by 58%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Horizon School sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WA. Charities of a similar size with the same main cause include Manhattan Chamber of Commerce Foundation ($981k), PTA Texas Congress ($981k) and Rogers Development Foundation Inc ($981k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $93k (12% of expenses). Other salaries and wages came to $413k. At year end it held assets of $577k against liabilities of $13k, net assets of $564k. It reported 18 employees.