Highlands Biological Foundation Inc

Analysis

Highlands Biological Foundation Inc is a registered charity in United States, based in Highlands, NC. It received its IRS tax-exemption ruling in January 1953, 73 years ago. 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, Highlands Biological Foundation Inc reported income of $767k and spending of $730k, spending 95% of its income. Across the 6 years on record, from May 2019 to December 2023, income grew from $429k to $767k (+79%), an average of +12% a year. The sharpest change came in the year to May 2020, when income rose by 136%. Over the whole period it spent 132% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Highlands Biological Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Theresa Living Center ($767k), Port Reading First Aid Squad Inc ($767k) and Nuestra Tierra Conservation Project ($767k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $110k (15% of expenses). Other salaries and wages came to $125k. At year end it held assets of $3.2m against liabilities of $1,709, net assets of $3.2m. It reported 5 employees.