New Heights Foundation

Analysis

New Heights Foundation is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, New Heights Foundation reported income of $431k and spending of $386k, spending 90% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $257k to $431k (+68%), an average of +68% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Heights Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within WA. Charities of a similar size with the same main cause include Grand Traverse Area St Vincent de Paul ($431k), Lewiston Independent Foundation for Education Inc ($431k) and Riverwalk Adult Day Services ($431k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $338k against liabilities of $14k, net assets of $324k.