Higher Education TR Inc

Analysis

Higher Education TR Inc is a registered charity in United States, based in Beaufort, SC. It received its IRS tax-exemption ruling in May 2017, 9 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 December 2023, Higher Education TR Inc reported income of $1.1m and spending of $933k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $530k to $1.1m (+112%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Higher Education TR Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within SC. Charities of a similar size with the same main cause include Net Training Institute Inc ($1.1m), Benjamin and Lillian Rochkind Yeshiva of Virginia Inc ($1.1m) and Elizabethtown Christian Educational Ministries ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $12.0m against liabilities of $11.0m, net assets of $1.0m.