Highland Academy II

Analysis

Highland Academy II is a registered charity in United States, based in Absecon, NJ. It received its IRS tax-exemption ruling in August 2008, 18 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Highland Academy II reported income of $405k and spending of $431k, spending 107% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $395k to $405k (+2.5%), an average of +0.8% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Highland Academy II sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Interfaith Counseling Center Inc ($404k), Fairbanks Parking Authority ($405k) and Central Arizona Seniors Association ($404k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. At year end it held assets of $398k against liabilities of $242k, net assets of $156k. It reported 15 employees.