Highland Community Builders Inc

Analysis

Highland Community Builders Inc is a registered charity in United States, based in Elkins, WV. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover employment, 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 December 2023, Highland Community Builders Inc reported income of $269k and spending of $319k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $269k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Highland Community Builders Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within WV. Charities of a similar size with the same main cause include Three Rivers Sheltered Industries Inc ($269k), Placement Solutions Inc ($269k) and Long Beach Rotary Charitable Foundation ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $561k against liabilities of $833k, net assets of -$272k.

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.