Higher Ground at Lake Louise

Analysis

Higher Ground at Lake Louise is a registered charity in United States, based in Boyne Falls, MI. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Ground at Lake Louise reported income of $648k and spending of $535k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $648k (+194%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Higher Ground at Lake Louise sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Saint James Day School Inc ($647k), National Collegiate Sales Competition Inc ($648k) and Association for Compensatory Educators of Texas ($647k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $7,615 (1.4% of expenses). Other salaries and wages came to $175k. At year end it held assets of $2.1m against liabilities of $4,675, net assets of $2.1m. It reported 19 employees.