Hights Inc

Analysis

Hights Inc is a registered charity in United States, based in Cullowhee, NC. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Hights Inc reported income of $2.7m and spending of $2.2m, spending 82% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $433k to $2.7m (+526%), an average of +58% a year. The sharpest change came in the year to June 2022, when income rose by 220%. Over the whole period it spent 83% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Hights Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Exploring New Horizons ($2.7m), City Green Inc ($2.7m) and Colorado Clean Energy Fund ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $165k (7.5% of expenses). Other salaries and wages came to $960k. At year end it held assets of $1.3m against liabilities of $15k, net assets of $1.3m. It reported 35 employees.