Highline Schools Foundation for Excellence
Analysis
Highline Schools Foundation for Excellence is a registered charity in United States, based in Burien, WA. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Highline Schools Foundation for Excellence reported income of $2.0m and spending of $1.2m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.0m (+75%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 71% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Highline Schools Foundation for Excellence sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WA. Charities of a similar size with the same main cause include United Way of Tompkins County Inc ($2.0m), United Way of Johnson County Inc ($2.0m) and Scott Community Foundation ($2.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $104k (8.4% of expenses). Other salaries and wages came to $127k. At year end it held assets of $4.6m against liabilities of $113k, net assets of $4.5m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 78%
- Other 22%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| United Way of Tompkins County Inc | Ithaca | $2.0m |
| United Way of Johnson County Inc | Franklin | $2.0m |
| Scott Community Foundation | Scott City | $2.0m |
| Mackinac Island Community Foundation | Mackinac Is | $2.0m |