Highspring Cares

Analysis

Highspring Cares is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, Highspring Cares reported income of $118k and spending of $115k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $317k to $118k (-63%), an average of -63% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Highspring Cares 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 41st percentile, and in the 41st percentile within TN. Charities of a similar size with the same main cause include Will of Herbert Ross Deceased of the Trust Created by Item IV ($118k), Flam San Diego Corporation ($118k) and Reynoldstown Civic Improvement League Inc ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $382k against liabilities of $0, net assets of $382k.