Feed Lake Highlands Inc

Analysis

Feed Lake Highlands Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Feed Lake Highlands Inc reported income of $596k and spending of $669k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $375k to $596k (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Feed Lake Highlands Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Justin Wren Foundation ($595k), Welcome Table Inc ($596k) and Beaver Street Enterprise Center Inc ($595k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $37k (5.6% of expenses). Other salaries and wages came to $86k. At year end it held assets of $374k against liabilities of $3,170, net assets of $371k. It reported 9 employees.