Cottage at Highlands Crossing Inc

Analysis

Cottage at Highlands Crossing Inc is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in September 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cottage at Highlands Crossing Inc reported income of $149k and spending of $176k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $149k (+11%), an average of +2.6% a year. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cottage at Highlands Crossing Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within AR. Charities of a similar size with the same main cause include Assisting Children in Need Inc ($149k), Groveton Housing Corporation ($149k) and Little Flower Inc ($149k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $781k against liabilities of $92k, net assets of $690k.

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.