Highland Park Quality of Life Foundation Inc

Analysis

Highland Park Quality of Life Foundation Inc is a registered charity in United States, based in Highland Park, TX. It received its IRS tax-exemption ruling in July 1984, 42 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Highland Park Quality of Life Foundation Inc reported income of $125k and spending of $56k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $125k (-88%), an average of -42% a year. The sharpest change came in the year to December 2020, when income dropped by 92%. Over the whole period it spent 18% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Highland Park Quality of Life Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Greater Portland Partnership for Economic Advancement ($125k), Authentic Development Agency International Inc ($125k) and Great 100 Nurses Foundation ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.