Higher Purpose Co
Clarksdale, Mississippi
BHealth Score
55B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$1.8M
Total Revenue
📊
$2.6M
Total Expenses
🏦
$1.3M
Net Assets
📋
$20K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+111.0%
Year-over-year change (2022 → 2023)
Net Margin
-42.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.49
Net assets divided by total expenses
Liabilities-to-Assets
1.5%
Total liabilities as % of total assets
Filing History
5 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,823,132↑111% | $2,591,129↑143% | $1,289,223↓29% | — |
| 2022 | $864,131↓43% | $1,065,452↓7% | $1,817,362↓9% | — |
| 2021 | $1,518,587↓32% | $1,140,551↓16% | $2,003,170↑1% | — |
| 2020 | $2,226,835↑46% | $1,360,344↑290% | $1,980,554↑65% | — |
| 2019 | $1,522,645 | $349,152 | $1,200,735 | — |
Frequently Asked Questions
What does Higher Purpose Co do?▼
Higher Purpose Co is a community improvement & capacity building nonprofit organization based in Mississippi. It is classified under NTEE code S20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Higher Purpose Co financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Higher Purpose Co.
How much revenue does Higher Purpose Co generate?▼
Higher Purpose Co reports $1.8M in annual revenue and holds $740K in total assets, based on IRS filings.
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