Health Care
(E30)
IRS Verified
DX Registered
990 on File
NEW HORIZONS AREA MH-MR-SA PROGRAM
Financial strength (30%)
90/100
Reliability (20%)
55/100
Effectiveness (25%)
66/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$25.4M
Total Revenue
$21.7M
Total Expenses
$11.4M
Net Assets
295
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.0%
Fundraising Efficiency
N/A
Operating Reserve
6.31x
Liability-to-Asset
5.8%
Revenue Diversification
74.0%
Compared with Peers
FY 2023
Compared with 3,289 similar organizations
(United States, Health Care, $10M–$100M in expenses), FY 2023.
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
|
89.0% | 84.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.0% | 14.4% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.3 mo | 6.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
5.8% | 37.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
74.0% | 93.5% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
7.6% | 5.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.1% | 7.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
14.7% | 0.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $25.4M | $21.7M | $11.4M | 89.0% | 295 |
| 2022 | $23.6M | $20.2M | $7.0M | 84.8% | 167 |
| 2021 | $23.2M | $21.3M | $3.6M | 93.2% | 215 |
| 2020 | $28.7M | $28.0M | N/A | — | 2336 |
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