Highland Community Development Corporation

Analysis

Highland Community Development Corporation is a registered charity in United States, based in Pittsford, NY. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Highland Community Development Corporation reported income of $12.9m and spending of $13.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.1m to $12.9m (+6.9%), an average of +1.7% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Highland Community Development Corporation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Young Mens Christian Association of Anaheim ($12.9m), Exceptional Parents Unlimited Inc ($12.9m) and Espiritu Community Development Corporation ($12.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 93% of the total. Other salaries and wages came to $5.0m. At year end it held assets of $45.1m against liabilities of $40.0m, net assets of $5.0m. It reported 251 employees.

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.