Higher Power Garage

Analysis

Higher Power Garage is a registered charity in United States, based in Joplin, MO. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 Power Garage reported income of $250k and spending of $204k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $225k to $250k (+11%), an average of +11% a year. Over the whole period it spent 73% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Higher Power Garage sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within MO. Charities of a similar size with the same main cause include Elevator Escalator Safety Foundation Inc ($250k), Sergeantsville Volunteer Fire Company ($250k) and Arizona Motorcycle Safety and Awareness Foundation ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Other salaries and wages came to $47k. It paid $848 in professional fundraising fees. At year end it held assets of $137k against liabilities of $0, net assets of $137k. It reported 3 employees.