Highland Project Inc

Analysis

Highland Project Inc is a registered charity in United States, based in New York, NY. 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 December 2023, Highland Project Inc reported income of $5.4m and spending of $2.9m, leaving 46% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $2.7m to $5.4m (+98%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Highland Project Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Berkshire Waldorf School Inc ($5.4m), Glen Mills Schools ($5.4m) and Westerly School of Long Beach ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $350k (12% of expenses). Other salaries and wages came to $320k. It paid $7,500 in professional fundraising fees. At year end it held assets of $6.0m against liabilities of $154k, net assets of $5.8m. It reported 2 employees.