The High Desert Partnership in Academic Excellence Foundation Inc

Analysis

The High Desert Partnership in Academic Excellence Foundation Inc is a registered charity in United States, based in Apple Valley, CA. It received its IRS tax-exemption ruling in January 1993, 33 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 June 2023, The High Desert Partnership in Academic Excellence Foundation Inc reported income of $45.0m and spending of $38.8m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.5m to $45.0m (+76%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The High Desert Partnership in Academic Excellence Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Malone University ($45.0m), Franklin College of Indiana ($45.0m) and Columbus College of Art & Design ($45.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $1.5m (4.0% of expenses). Other salaries and wages came to $17.6m. At year end it held assets of $142.7m against liabilities of $57.8m, net assets of $84.9m. It reported 395 employees.