Higgins Plaza Inc

Analysis

Higgins Plaza Inc is a registered charity in United States, based in Denver, CO. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Higgins Plaza Inc reported income of $1.5m and spending of $2.4m, spending 154% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.0m to $1.5m (+52%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 190% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Higgins Plaza Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include Acts Lending Inc ($1.5m), Neighborhood Concepts Inc ($1.5m) and Danish Home Foundation ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 97% of the total. At year end it held assets of $2.7m against liabilities of $8.0m, net assets of -$5.3m. It reported 7 employees.