Heights Center Inc

Analysis

Heights Center Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Heights Center Inc reported income of $2.9m and spending of $3.0m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.9m (+122%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Heights Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Op Shop Inc ($2.9m), Community House Association Inc ($2.9m) and First Alaskans Institute ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $152k (5.1% of expenses). Other salaries and wages came to $1.1m. It paid $3,476 in professional fundraising fees. At year end it held assets of $463k against liabilities of $166k, net assets of $297k. It reported 84 employees.