Highland Park Community Foundation

Analysis

Highland Park Community Foundation is a registered charity in United States, based in Highland Park, IL. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Park Community Foundation reported income of $1.6m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $978k to $1.6m (+62%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 578%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Highland Park Community Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Edwards Foundation Inc ($1.6m), Social Venture Partners Portland ($1.6m) and Fremont Area United Way ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $101k. At year end it held assets of $6.8m against liabilities of $0, net assets of $6.8m. It reported 1 employees.