Heights Philadelphia

Analysis

Heights Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1949, 77 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Heights Philadelphia reported income of $10.4m and spending of $5.4m, leaving 48% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $10.4m (+167%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 100%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heights Philadelphia sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include The Primary School-East Palo Alto ($10.4m), Nysernetorg Inc ($10.4m) and Hebrew Educational Society of Brooklyn ($10.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $179k (3.3% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $39.5m against liabilities of $3.2m, net assets of $36.3m. It reported 31 employees.