Highland Pointe Inc
Analysis
Highland Pointe Inc is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2024, Highland Pointe Inc reported income of $87k and spending of $93k, spending 107% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $78k to $87k (+11%), an average of +2.2% a year. Over the whole period it spent 117% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Highland Pointe Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Maxcen Housing Society Inc Kentucky Branch ($87k), Burlington Community Housing Inc ($87k) and McCalls Supportive Living Inc ($87k).
On its Form 990 for the period ending March 2024, revenue came from contributions and grants 64% and program service revenue 34% of the total. At year end it held assets of $741k against liabilities of $723k, net assets of $18k.
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.
Income and spending
Where the income comes from
- Contributions & grants 64%
- Program services 34%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Maxcen Housing Society Inc Kentucky Branch | Louisville | $87k |
| Burlington Community Housing Inc | Burlington | $87k |
| McCalls Supportive Living Inc | Ada | $87k |
| Kittery Housing Corporation | Westbrook | $87k |