Highland Community Child Development Center Inc

Analysis

Highland Community Child Development Center Inc is a registered charity in United States, based in Highlands, NC. It received its IRS tax-exemption ruling in January 2003, 23 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 December 2023, Highland Community Child Development Center Inc reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.4m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Highland Community Child Development Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Fathers Forever ($1.4m), Immigrant Home Foundation ($1.4m) and Disability Action Center ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $89k (6.5% of expenses). Other salaries and wages came to $819k. At year end it held assets of $9.0m against liabilities of $15k, net assets of $8.9m. It reported 31 employees.