Higher Love Inc

Analysis

Higher Love Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Higher Love Inc reported income of $113k and spending of $129k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $113k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Higher Love Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within TN. Charities of a similar size with the same main cause include Primera Iglesia Hispana de Prunedale Inc ($113k), Batgap Non Profit ($113k) and Finishing Touch Ministries ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,976 against liabilities of $45k, net assets of -$39k.