Highlands Resident Asistance Fund Inc

Analysis

Highlands Resident Asistance Fund Inc is a registered charity in United States, based in Topsham, ME. It received its IRS tax-exemption ruling in November 1999, 27 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 2023, Highlands Resident Asistance Fund Inc reported income of $62k and spending of $67k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $55k to $62k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2020, when income rose by 128%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Highlands Resident Asistance Fund Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 17th percentile within ME. Charities of a similar size with the same main cause include All Are Welcome Social Services Inc ($62k), Conejo Valley Friendship Circle Inc ($62k) and Helping Hands Pantry and Thrift Shop a Non Profit Corporation ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.