Heights National Alumni Association
Analysis
Heights National Alumni Association is a registered charity in United States, based in Gallatin, TN. It received its IRS tax-exemption ruling in December 1965, 61 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending August 2023, Heights National Alumni Association reported income of $87k and spending of $88k, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $66k to $87k (+31%), an average of +7.1% a year. The sharpest change came in the year to August 2022, when income rose by 89%. Over the whole period it spent 87% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heights National Alumni Association sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within TN. Charities of a similar size with the same main cause include Indian River County Historical Society Inc ($87k), Bakas Horses for Handicapped Inc ($87k) and Brazos Valley Chorale ($87k).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. At year end it held assets of $754k against liabilities of $0, net assets of $754k.
Income and spending
Where the income comes from
- Contributions & grants 77%
- Program services 22%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Indian River County Historical Society Inc | Vero Beach | $87k |
| Bakas Horses for Handicapped Inc | Tampa | $87k |
| Brazos Valley Chorale | College Sta | $87k |
| Hartford Athletic Boosters Corporation | Hartford | $87k |