Highlands Day School Foundation

Analysis

Highlands Day School Foundation is a registered charity in United States, based in Mountain BRK, AL. It received its IRS tax-exemption ruling in September 1959, 67 years ago. 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 Day School Foundation reported income of $7.6m and spending of $7.8m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.4m to $7.6m (+18%), an average of +5.7% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Highlands Day School Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within AL. Charities of a similar size with the same main cause include Prevent Child Abuse-New Jersey Chapter Inc ($7.6m), American Medical Informatics Association Inc ($7.6m) and St Barbaras Memorial Nursing Home Inc ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $366k (4.7% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $19.4m against liabilities of $5.0m, net assets of $14.5m. It reported 100 employees.