Highlander Academy Inc

Analysis

Highlander Academy Inc is a registered charity in United States, based in Red Springs, NC. It received its IRS tax-exemption ruling in May 2016, 10 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 2024, Highlander Academy Inc reported income of $270k and spending of $275k, spending 102% of its income. Across the 6 years on record, from December 2019 to June 2024, income fell from $326k to $270k (-17%), an average of -3.7% a year. The sharpest change came in the year to June 2024, when income dropped by 47%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Highlander Academy Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NC. Charities of a similar size with the same main cause include Lemoore Union High School District Foundation for Ecua Excellence ($270k), The Plenary Co ($270k) and Parent Booster USA Inc ($270k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $7,000 (2.5% of expenses). Other salaries and wages came to $175k. At year end it held assets of $260k against liabilities of $1,785, net assets of $258k. It reported 17 employees.