Highpoint Charitable Services Inc

Analysis

Highpoint Charitable Services Inc is a registered charity in United States, based in LA Grange, KY. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Highpoint Charitable Services Inc reported income of $4.1m and spending of $3.9m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $4.1m (+234%), an average of +35% a year. The sharpest change came in the year to December 2020, when income rose by 89%. 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, Highpoint Charitable Services Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KY. Charities of a similar size with the same main cause include Masonic Home of Kentucky Pediatric Daycare Inc ($4.1m), Office of Human Services ($4.1m) and Family Promise of Gallatin Valley Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Other salaries and wages came to $234k. At year end it held assets of $1.9m against liabilities of $227k, net assets of $1.7m. It reported 8 employees.