Heights Club Incorporated

Analysis

Heights Club Incorporated is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in May 1967, 59 years ago. 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, Heights Club Incorporated reported income of $102k and spending of $103k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $126k to $102k (-19%), an average of -6.9% a year. The sharpest change came in the year to December 2021, when income rose by 217%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heights Club Incorporated sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within NM. Charities of a similar size with the same main cause include Wallace Community College Sparks Campus Foundation ($102k), Lisle Free Library ($102k) and Equity-Alliance-Group Inc ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $696 (0.7% of expenses). Other salaries and wages came to $59k. At year end it held assets of $750k against liabilities of $371, net assets of $750k. It reported 8 employees.