Bostons Higher Ground

Analysis

Bostons Higher Ground is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Bostons Higher Ground reported income of $626k and spending of $1.6m, spending 262% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $331k to $626k (+89%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 137%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bostons Higher Ground sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Tulsa Neighborhood Networks Inc ($625k), University Rotary Service Fund ($626k) and Nonprofit Association of Westchester Inc ($625k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $238k (15% of expenses). Other salaries and wages came to $617k. At year end it held assets of $1.4m against liabilities of $370k, net assets of $982k. It reported 30 employees.