Highlands School Inc
Analysis
Highlands School Inc is a registered charity in United States, based in Bel Air, MD. It received its IRS tax-exemption ruling in November 1995, 31 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, Highlands School Inc reported income of $3.3m and spending of $2.9m, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.8m to $3.3m (+17%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Highlands School Inc 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 90th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Vermont Commons School ($3.3m), Embry-Riddle Aeronautical University Asia Ltd ($3.3m) and Farmington Village Green and Library Assoc ($3.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $119k (4.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $7.3m against liabilities of $6.2m, net assets of $1.1m. It reported 57 employees.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Program services 59%
- Other 6.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Vermont Commons School | S Burlington | $3.3m |
| Embry-Riddle Aeronautical University Asia Ltd | Daytona Beach | $3.3m |
| Farmington Village Green and Library Assoc | Farmington | $3.3m |
| Mars Hill Ministries Inc | Mason | $3.3m |