High Sierra Industries Incorporated

Analysis

High Sierra Industries Incorporated is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in May 1977, 49 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, High Sierra Industries Incorporated reported income of $3.1m and spending of $3.2m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $3.1m (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, High Sierra Industries Incorporated sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NV. Charities of a similar size with the same main cause include Preston County Sr Citizens Inc ($3.1m), Community Care Management Corporation ($3.1m) and Northwest Yeshiva High School ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $380k (12% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $11.4m against liabilities of $529k, net assets of $10.9m. It reported 32 employees.