High Plains Childrens Home and Family Services

Analysis

High Plains Childrens Home and Family Services is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in July 1967, 59 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, High Plains Childrens Home and Family Services reported income of $3.5m and spending of $4.1m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.8m to $3.5m (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. 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, High Plains Childrens Home and Family Services 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 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include United Way of Portage County Inc ($3.5m), Brooksfield School Inc ($3.5m) and Kappa Sigma Endowment Fund ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $158k (3.9% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $11.2m against liabilities of $370k, net assets of $10.8m. It reported 63 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.