New Horizons Center Inc for People with Special Needs

Analysis

New Horizons Center Inc for People with Special Needs is a registered charity in United States, based in LK Havasu Cty, AZ. It received its IRS tax-exemption ruling in September 1975, 51 years ago. 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, New Horizons Center Inc for People with Special Needs reported income of $4.4m and spending of $3.7m, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.6m to $4.4m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2023, when income rose by 63%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Horizons Center Inc for People with Special Needs sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include St Marys Foundation Inc ($4.4m), Torah Center-Midwest Inc ($4.4m) and Piedmont Residential Development Center Inc ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $138k (3.7% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $5.2m against liabilities of $516k, net assets of $4.7m. It reported 134 employees.