Highlands Foundation Inc

Analysis

Highlands Foundation Inc is a registered charity in United States, based in Prestonsburg, KY. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Highlands Foundation Inc reported income of $440k and spending of $213k, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $548k to $440k (-20%), an average of -5.3% a year. The sharpest change came in the year to June 2023, when income rose by 597%. Over the whole period it spent 48% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Highlands Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within KY. Charities of a similar size with the same main cause include W C Heiam Medical Foundation ($440k), Roaring Adventures Inc ($440k) and Central Iowa Trauma and Recovery CE Nter ($440k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.0% of the total. At year end it held assets of $4.7m against liabilities of $3.0m, net assets of $1.7m.