Highland Lakes Crisis Network

Analysis

Highland Lakes Crisis Network is a registered charity in United States, based in Marble Falls, TX. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Highland Lakes Crisis Network reported income of $3.3m and spending of $832k, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $530k to $3.3m (+531%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 236%. Over the whole period it spent 47% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Highland Lakes Crisis Network sits at the 87th percentile: it is larger than about 87% 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 Brighter Horizon Group Homes Inc ($3.3m), The Village at Mercy Creek ($3.4m) and Successful Living Supportive Housing Program ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $78k (9.4% of expenses). Other salaries and wages came to $211k. At year end it held assets of $3.2m against liabilities of $118k, net assets of $3.1m. It reported 9 employees.