Health Care
(E12)
990 on File
HORIZON FOUNDATION OF HOWARD COUNTY INC
Financial strength (30%)
88/100
Reliability (20%)
55/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$6.7M
Total Revenue
$5.1M
Total Expenses
$96.4M
Net Assets
11
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
71.6%
Fundraising Efficiency
N/A
Operating Reserve
228.04x
Liability-to-Asset
2.5%
Revenue Diversification
98.4%
Executive Compensation
$1.0M
Compared with Peers
FY 2024
Compared with 3,080 similar organizations
(United States, Health Care, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
71.6% | 84.8% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
28.3% | 11.6% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.1% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
228.0 mo | 9.9 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.5% | 13.5% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.4% | 91.1% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
28.9% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.5% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
23.7% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $6.7M | $5.1M | $96.4M | 71.6% | 11 |
| 2023 | $5.2M | $4.9M | $90.8M | 70.8% | 11 |
| 2022 | $6.3M | $5.4M | $84.8M | 74.9% | 11 |
| 2021 | $8.3M | $6.8M | N/A | — | 11 |
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