Highland Farm Residents Corporation

Analysis

Highland Farm Residents Corporation is a registered charity in United States, based in Black MTN, NC. It received its IRS tax-exemption ruling in September 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, Highland Farm Residents Corporation reported income of $166k and spending of $170k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $166k (+24%), an average of +5.4% a year. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Highland Farm Residents Corporation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include O Fallon Community Food Pantry Inc ($166k), Sparrow Womens Clinic Inc ($166k) and Audreys Outreach ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 1.7% of the total. At year end it held assets of $585k against liabilities of $0, net assets of $585k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.