Highsteppers Drill Team Inc

Analysis

Highsteppers Drill Team Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Highsteppers Drill Team Inc reported income of $212k and spending of $127k, leaving 40% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $43k to $212k (+395%), an average of +395% a year. The sharpest change came in the year to June 2023, when income rose by 395%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Highsteppers Drill Team Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Piper Theatre Productions Inc ($212k), Clymer Foundation ($212k) and Namba Performing Arts Space Inc ($212k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $18k (14% of expenses). At year end it held assets of $90k against liabilities of $0, net assets of $90k.