High Way Education Inc

Analysis

High Way Education Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, High Way Education Inc reported income of $171k and spending of $149k, spending 88% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $75k to $171k (+127%), an average of +51% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, High Way Education Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Sisd Foundation for Excellence in Education ($171k), Rocklin Global ($171k) and Chicago Chapter National Black Mba Association Inc ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $426k against liabilities of $254k, net assets of $172k.