Higher Up Texas Inc

Analysis

Higher Up Texas Inc is a registered charity in United States, based in League City, TX. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Up Texas Inc reported income of $901k and spending of $614k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $349k to $901k (+158%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 378%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Higher Up Texas Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Oikos Community Corporation ($901k), Big Brothers-Big Sisters of Northwest Arkansas Inc ($902k) and Y E S of Pend Oreille County ($901k).

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 $110k (18% of expenses). Other salaries and wages came to $154k. At year end it held assets of $342k against liabilities of $2,793, net assets of $339k. It reported 6 employees.