Friends of New Heights Foundation

Analysis

Friends of New Heights Foundation is a registered charity in United States, based in Brockton, MA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Friends of New Heights Foundation reported income of $85k and spending of $44k, leaving 48% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $124k to $85k (-31%), an average of -17% a year. The sharpest change came in the year to June 2024, when income rose by 487%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of New Heights Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Colony Meadows Elementary School PTO ($85k), Beth Mardutho Syriac Institute ($85k) and Ala - Coastal PTO ($85k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.