Higher Calling Foundation Inc

Analysis

Higher Calling Foundation Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in February 1995, 31 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 (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 Calling Foundation Inc reported income of $909k and spending of $713k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $609k to $909k (+49%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Higher Calling Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include National Housing Endowment a Nonprofit Corporation ($908k), Silent Workers Circle of the Intl Order of Kings Daughters and Sons ($909k) and Williamstown Elderly Housing Corp ($908k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $52k (7.4% of expenses). Other salaries and wages came to $277k. At year end it held assets of $686k against liabilities of $365k, net assets of $320k. It reported 19 employees.