Mountain Heights Academy

Analysis

Mountain Heights Academy is a registered charity in United States, based in Salt Lake City, UT. It received its IRS tax-exemption ruling in March 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, Mountain Heights Academy reported income of $11.3m and spending of $10.1m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $11.3m (+73%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 56%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mountain Heights Academy sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within UT. Charities of a similar size with the same main cause include Community Preparatory School ($11.3m), Lih Memorial Grant Fund ($11.3m) and Tampa School Development Corporation ($11.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 0.5% of the total. At year end it held assets of $11.9m against liabilities of $1.2m, net assets of $10.7m.