Highland Manor Inc
Analysis
Highland Manor Inc is a registered charity in United States, based in New Ulm, MN. It received its IRS tax-exemption ruling in October 1993, 33 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 September 2023, Highland Manor Inc reported income of $13.2m and spending of $13.3m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.5m to $13.2m (+15%), an average of +3.6% a year. Over the whole period it spent 97% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Highland Manor Inc 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 96th percentile within MN. Charities of a similar size with the same main cause include Central Coast Energy Services Inc ($13.2m), Lincoln Hills Development Corporation ($13.2m) and Family Service Society of Yonkers ($13.2m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $245k (1.8% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $13.4m against liabilities of $6.6m, net assets of $6.7m. It reported 327 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.7%
- Program services 93%
- Other 6.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Central Coast Energy Services Inc | Watsonville | $13.2m |
| Lincoln Hills Development Corporation | Tell City | $13.2m |
| Family Service Society of Yonkers | Yonkers | $13.2m |
| Senior Resource Association Inc | Vero Beach | $13.2m |