Highway City Community Development Inc

Analysis

Highway City Community Development Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in March 1998, 28 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, Highway City Community Development Inc reported income of $285k and spending of $303k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $285k (-77%), an average of -31% a year. The sharpest change came in the year to December 2020, when income dropped by 84%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Highway City Community Development Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Lpif Foundation ($285k), Fort Worth Flying Club ($285k) and Inspire Continuing Care ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $62k (21% of expenses). Other salaries and wages came to $61k. At year end it held assets of $1.5m against liabilities of $245k, net assets of $1.3m. It reported 4 employees.