Highland Prep

Analysis

Highland Prep is a registered charity in United States, based in Surprise, AZ. It received its IRS tax-exemption ruling in March 2018, 8 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, Highland Prep reported income of $6.6m and spending of $5.2m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $6.6m (+191%), an average of +31% a year. The sharpest change came in the year to June 2020, when income rose by 60%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Highland Prep sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within AZ. Charities of a similar size with the same main cause include Schoolhouse World Inc ($6.6m), United Christian Academy Foundation ($6.6m) and Ecole Bilingue de LA Nouvelle Orleans the Bilingual School of ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $98k (1.9% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $37.7m against liabilities of $33.1m, net assets of $4.6m. It reported 61 employees.