Highland Lakes Service League

Analysis

Highland Lakes Service League is a registered charity in United States, based in Marble Falls, TX. It received its IRS tax-exemption ruling in September 1988, 38 years ago. 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 July 2024, Highland Lakes Service League reported income of $155k and spending of $175k, spending 113% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income grew from $154k to $155k (+0.2%), an average of +0.2% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Highland Lakes Service League sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Ailbe Assisted Housing Corporation ($155k), Fillmore County Historical Society ($155k) and Idaho Veterans Network ($155k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 2.6% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.