Hight Impacto Inc

Analysis

Hight Impacto Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Hight Impacto Inc reported income of $3.6m and spending of $3.6m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $269k to $3.6m (+1222%), an average of +91% a year. The sharpest change came in the year to June 2022, when income rose by 204%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hight Impacto Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include North Carolina Alliance of Ymcas Inc ($3.6m), The Afiya Center ($3.6m) and Delta Center Personal Attendant Services ($3.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $130k (3.7% of expenses). Other salaries and wages came to $320k. At year end it held assets of $251k against liabilities of $251k, net assets of $0. It reported 6 employees.