The Heights Charter

Analysis

The Heights Charter is a registered charity in United States, based in Alpine, CA. It received its IRS tax-exemption ruling in September 2014, 12 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 June 2023, The Heights Charter reported income of $3.2m and spending of $2.9m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $3.2m (+32%), an average of +7.3% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Heights Charter sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Southside Elementary Charter School ($3.2m), Trinity School of Natural Health Inc ($3.2m) and New Vision Learning Academy ($3.2m).

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 $175k (6.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.0m against liabilities of $686k, net assets of $1.3m. It reported 49 employees.