Higher Aim

Analysis

Higher Aim is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Higher Aim reported income of $465k and spending of $531k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $481k to $465k (-3.4%), an average of -0.8% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Higher Aim sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NE. Charities of a similar size with the same main cause include Hope Restores Corporation ($465k), Nami Alaska Incorporated ($465k) and Farthest North Girl Scout Council ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $35k (6.6% of expenses). At year end it held assets of $345k against liabilities of $6,078, net assets of $339k.