Higher Ground International

Analysis

Higher Ground International is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in June 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Higher Ground International reported income of $1.2m and spending of $442k, leaving 63% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $449k to $1.2m (+169%), an average of +64% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 48% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Higher Ground International sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within RI. Charities of a similar size with the same main cause include The Mount Zion Suburban Apartments Inc ($1.2m), Nameless Coalition for the Homeless ($1.2m) and Diversified Housing Development Inc ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $47k (11% of expenses). Other salaries and wages came to $48k. At year end it held assets of $1.3m against liabilities of $170k, net assets of $1.1m. It reported 6 employees.