Community Highered Institute

Analysis

Community Highered Institute is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in April 2015, 11 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, Community Highered Institute reported income of $15.3m and spending of $13.5m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $38.9m to $15.3m (-61%), an average of -21% a year. The sharpest change came in the year to June 2020, when income dropped by 62%. 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, Community Highered Institute sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OK. Charities of a similar size with the same main cause include Ohio State Innovation Foundation ($15.3m), Finishing Trades Institute of North California and Nevada Trust ($15.3m) and Thomas Jefferson Classical Academy ($15.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $603k (4.5% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $40.3m against liabilities of $32.0m, net assets of $8.3m. It reported 198 employees.