Heights Charter School Inc

Analysis

Heights Charter School Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in July 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 2023, Heights Charter School Inc reported income of $2.1m and spending of $2.1m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $981k to $2.1m (+119%), an average of +30% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heights Charter School Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Pearl River Community College Development Foundation Inc ($2.1m), Allegiant Preparatory ($2.1m) and Industrial Sewing and Innovation Center Isaic ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $63k (2.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $703k against liabilities of $522k, net assets of $181k. It reported 32 employees.