High Point Academy Building Corporation

Analysis

High Point Academy Building Corporation is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, High Point Academy Building Corporation reported income of $676k and spending of $558k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $825k to $676k (-18%), an average of -4.8% a year. The sharpest change came in the year to June 2023, when income rose by 55%. Over the whole period it spent 114% 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 Building Corporation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Vocatio Career-Prep High School ($676k), Grandville Calvin Christian Schools Foundation ($676k) and Veritas Classical Academy Inc ($676k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $8.3m against liabilities of $9.8m, net assets of -$1.5m.