Highland Center Corp

Analysis

Highland Center Corp is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover community improvement and capacity building, 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 Center Corp reported income of $1.0m and spending of $815k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $1.0m (-0.3%), an average of -0.1% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 60% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Highland Center Corp sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within LA. Charities of a similar size with the same main cause include 211 Northeast Michigan ($1.0m), Kettle Falls Friends of the Pool & Parks ($1.0m) and Not Your Average Joe Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 19% of the total. Other salaries and wages came to $37k. At year end it held assets of $1.4m against liabilities of $13k, net assets of $1.4m. It reported 4 employees.