The Highlander Charter School

Analysis

The Highlander Charter School is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Highlander Charter School reported income of $13.6m and spending of $14.5m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.4m to $13.6m (+31%), an average of +7.1% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Highlander Charter School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within RI. Charities of a similar size with the same main cause include Campus Development Foundation Inc ($13.6m), Burgundy Farm Country Day School Inc ($13.7m) and Villa Academy ($13.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $316k (2.2% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $13.6m against liabilities of $6.5m, net assets of $7.0m. It reported 181 employees.