Higher Ground Academy

Analysis

Higher Ground Academy is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Higher Ground Academy reported income of $19.2m and spending of $17.1m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.1m to $19.2m (+73%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Higher Ground Academy sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Eagle Academy Public Charter School Inc ($19.2m), Green Vale School ($19.2m) and Excellence Community Schools Inc ($19.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $189k (1.1% of expenses). Other salaries and wages came to $7.4m. At year end it held assets of $18.5m against liabilities of $11.3m, net assets of $7.2m. It reported 108 employees.