Highpoint Community Ministries

Analysis

Highpoint Community Ministries is a registered charity in United States, based in Cedar Park, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Highpoint Community Ministries reported income of $459k and spending of $351k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $909k to $459k (-50%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Highpoint Community Ministries sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Christ Is Life Ministries ($458k), Hinda Institute ($459k) and Horsemen for Christ ($458k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $56k (16% of expenses). Other salaries and wages came to $177k. At year end it held assets of $373k against liabilities of $11k, net assets of $362k. It reported 27 employees.