High Point Academy

Analysis

High Point Academy is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in February 1973, 53 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 July 2023, High Point Academy reported income of $8.0m and spending of $7.1m, spending 88% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $6.8m to $8.0m (+18%), an average of +4.2% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, High Point Academy sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Mansfield Preparatory Academy Inc ($8.0m), Florida Lambdarail LLC ($8.0m) and Bay View Academy ($8.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 5.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $507k (7.1% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $19.0m against liabilities of $1.4m, net assets of $17.5m. It reported 78 employees.