nonprofit · EIN 56-2246833 · NC
How much does HORIZON DEVELOPMENT PROPERTIES INC raise and spend?
HORIZON DEVELOPMENT PROPERTIES INC (NC, EIN 56-2246833) reported $84.4M in revenue and $94.1M in expenses for tax year 2024, with $122.6M in net assets (15.6 months of reserves). By expenses that ranks 2,685 of 391,588 e-filers, 21 of 11,327 in NTEE L: Housing & Shelter, 63 of 10,972 nonprofits in north carolina.
What stands out
HORIZON DEVELOPMENT PROPERTIES INC (NC, EIN 56-2246833) reported $84.4M in revenue and $94.1M in expenses for tax year 2024, with $122.6M in net assets (15.6 months of reserves). By expenses that ranks 2,685 of 391,588 e-filers, 21 of 11,327 in NTEE L: Housing & Shelter, 63 of 10,972 nonprofits in north carolina. Against NTEE L: Housing & Shelter: months of reserves 15.6 months, above the peer median of 13.1 months; contributions share of revenue 30.5%, below the peer median of 34.1%; surplus margin -11.5%, below the peer median of 0.2%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $84.4M | $405.6k | $21.4M | $198.5k |
| Total expenses | $94.1M | $384.5k | $20.3M | $179.6k |
| Total assets | $573.7M | $1.8M | $29.5M | $761.5k |
| Net assets | $122.6M | $659.8k | $17.4M | $615.1k |
| Program service revenue share | 64.9% | 49.3% | 73.7% | 13.4% |
| Contributions share of revenue | 30.5% | 34.1% | 12.5% | 55.6% |
| Months of reserves | 15.6 months | 13.1 months | 9.5 months | 12.4 months |
| Surplus margin | -11.5% | 0.2% | 2.1% | 4.3% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $84.4M | $94.1M | $122.6M | 15.6 months | — | 2,685 |
| 2023 | $77.5M | $71.9M | $100.8M | 16.8 months | — | 5,813 |
| 2022 | $49.3M | $57.9M | $56.3M | 11.7 months | — | 6,381 |
| 2020 | $38.5M | $47.9M | $31.4M | 7.9 months | — | 6,727 |
| 2019 | $38.8M | $44.6M | $31.7M | 8.5 months | — | 6,829 |
| 2018 | $-3.1M | $41.2M | $34.0M | 9.9 months | — | 6,653 |
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