High Plains Community Development Corporation

Analysis

High Plains Community Development Corporation is a registered charity in United States, based in Clovis, NM. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, High Plains Community Development Corporation reported income of $448k and spending of $333k, leaving 26% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $270k to $448k (+66%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 3469%. Over the whole period it spent 60% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, High Plains Community Development Corporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within NM. Charities of a similar size with the same main cause include Washington Wine Industry Foundation ($448k), Woodhaven District Management Association Inc ($448k) and Sabana Grande Community and Economic Development ($447k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 14% of the total. At year end it held assets of $971k against liabilities of $0, net assets of $971k. It reported 23 employees.