Highland Friendship Club

Analysis

Highland Friendship Club is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Friendship Club reported income of $671k and spending of $541k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $454k to $671k (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Highland Friendship Club sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Friends Western School ($671k), San Ramon Valley Education Foundation ($671k) and Leadership North Carolina Inc ($671k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 27% of the total. Other salaries and wages came to $297k. At year end it held assets of $409k against liabilities of $2,889, net assets of $406k. It reported 22 employees.