Higher Things Inc

Analysis

Higher Things Inc is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in July 2001, 25 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 Things Inc reported income of $1.3m and spending of $1.1m, spending 86% of its income. Across the 6 years on record, from April 2019 to December 2023, income grew from $1.2m to $1.3m (+4.3%), an average of +0.8% a year. The sharpest change came in the year to April 2022, when income rose by 64%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Higher Things Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Hope Horizon East Palo Alto ($1.3m), Emmaus Ministries ($1.3m) and Loving on Purpose ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $78k (7.2% of expenses). Other salaries and wages came to $239k. At year end it held assets of $633k against liabilities of $241k, net assets of $392k. It reported 18 employees.