Highville Charter School Inc

Analysis

Highville Charter School Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in April 2009, 17 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, Highville Charter School Inc reported income of $8.3m and spending of $7.8m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.2m to $8.3m (+33%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Highville Charter School Inc 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 93rd percentile within CT. Charities of a similar size with the same main cause include Ed Brokers Educational Services ($8.3m), Billion Oyster Project ($8.3m) and Skillup Coalition ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Other salaries and wages came to $4.2m. At year end it held assets of $15.9m against liabilities of $13.8m, net assets of $2.1m. It reported 110 employees.