The Highlands Community Development Corporation

Analysis

The Highlands Community Development Corporation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2006, 20 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, The Highlands Community Development Corporation reported income of $830k and spending of $1.0m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $830k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Highlands Community Development Corporation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 52nd percentile within DC. Charities of a similar size with the same main cause include Rest Stop Ministries ($830k), The Arc of Texas ($830k) and Trinitys Services and Food for the Homeless Inc ($830k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $723k (71% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 15 employees.