Foundaton for the Higher Good Inc

Analysis

Foundaton for the Higher Good Inc is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Foundaton for the Higher Good Inc reported income of $843k and spending of $872k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $469k to $843k (+80%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundaton for the Higher Good Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within MO. Charities of a similar size with the same main cause include Arcadia Live Inc ($841k), Lakes and Prairie United Way ($843k) and Blessey Charities Inc ($840k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $209k against liabilities of $0, net assets of $209k.