Heights of Learning

Analysis

Heights of Learning is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2013, 13 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 December 2022, Heights of Learning reported income of $831k and spending of $606k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income fell from $901k to $831k (-7.8%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heights of Learning sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Mi Escuelita Incorporated ($831k), Holy Spirit Academy ($831k) and Teach Kentucky Inc ($830k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $33k (5.4% of expenses). Other salaries and wages came to $413k. At year end it held assets of $1.5m against liabilities of $309k, net assets of $1.2m. It reported 26 employees.