Higher Heights Youth Empowerment Programs Inc

Analysis

Higher Heights Youth Empowerment Programs Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in March 2006, 20 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 May 2024, Higher Heights Youth Empowerment Programs Inc reported income of $508k and spending of $603k, spending 119% of what it took in. Across the 4 years on record, from May 2021 to May 2024, income grew from $238k to $508k (+114%), an average of +29% a year. The sharpest change came in the year to May 2023, when income rose by 108%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Higher Heights Youth Empowerment Programs Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CT. Charities of a similar size with the same main cause include White House Correspondents Association ($508k), Kalamazoo Regional Catholic Schools Foundation ($508k) and Cardiovascular Implant Durability ($508k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $93k (15% of expenses). Other salaries and wages came to $124k. It paid $1,586 in professional fundraising fees. At year end it held assets of $81k against liabilities of $8,017, net assets of $73k. It reported 12 employees.