CLARKSDALE, MS
Higher Purpose Co
Quick Facts
- EIN
- 82-1629178
- Location
- CLARKSDALE, MS
- Category
- Community Development
- NTEE Code
- S20
- Total Assets
- $740K
- Annual Income
- $1.8M
- Annual Revenue
- $1.8M
- IRS Ruling Year
- 2018
- Tax Subsection
- 501(c)(03)
About This Organization
Higher Purpose Co is a nonprofit organization based in CLARKSDALE, MS. It received its IRS tax-exempt ruling in 2018. The organization is classified under IRC Section 501(c)(03). It operates in the area of community development. Total assets are reported at $740K. Annual income is $1.8M. The organization has received $3M in foundation grants from 7 funders. It has received $2.3M in federal awards from 1 agency.
Grants Received from Foundations
Foundation grants awarded to Higher Purpose Co, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Walton Family Foundation Inc. | $5K | 2024 | To support community events hosted by Higher Purpose. |
| The Schmidt Family Foundation | $5K | 2024 | WORKING TOWARDS A RESILIENT AND EQUITABLE FOOD SYSTEM |
| Walton Family Foundation Inc. | $400K | 2023 | To provide funding to build staff capacity, resource programming, and support renovations of an entrepreneurial hub to be made available to residents of Coahoma County that teaches how to build personal, community and generational assets, in an area that is underserved, and traditionally lacks access to capital. |
| W K Kellogg Foundation | $300K | 2023 | support Black-owned businesses in Mississippi with funding and technical assistance (TA) and continue the ongoing networking, fellowship and TA for these owners as they focus on their economic security and entrepreneurial development in Mississippi |
| Surdna Foundation Inc. | $195K | 2023 | General Support |
| Rockefeller Foundation | $125K | 2023 | IN SUPPORT OF PROVIDING BUSINESS EDUCATION, FUNDING AND NETWORKING OPPORTUNITIES FOR DISADVANTAGED SMALL BUSINESSES IN JACKSON, MS |
| Walton Family Foundation Inc. | $400K | 2022 | To build staff capacity, resource programming, and support renovations of an entrepreneurial hub to be made available to residents of Coahoma County that teaches how to build personal, community and generational assets, in an area that is underserved, and traditionally lacks access to capital. |
| Walton Family Foundation Inc. | $400K | 2022 | To build staff capacity, resource programming, and support renovations of an entrepreneurial hub to be made available to residents of Coahoma County that teaches how to build personal, community and generational assets, in an area that is underserved, and traditionally lacks access to capital. |
| Surdna Foundation Inc. | $190K | 2022 | General Support |
| Surdna Foundation Inc. | $190K | 2022 | General Support |
| Rockefeller Foundation | $125K | 2022 | IN SUPPORT OF PROVIDING BUSINESS EDUCATION, FUNDING, AND NETWORKING OPPORTUNITIES FOR DISADVANTAGED SMALL BUSINESSES IN JACKSON, MISSISSIPPI |
| Rockefeller Foundation | $125K | 2022 | IN SUPPORT OF PROVIDING BUSINESS EDUCATION, FUNDING, AND NETWORKING OPPORTUNITIES FOR DISADVANTAGED SMALL BUSINESSES IN JACKSON, MISSISSIPPI |
| Jessie Smith Noyes Foundation Inc. | $50K | 2022 | General operating support |
| Jessie Smith Noyes Foundation Inc. | $50K | 2022 | General operating support |
| Ames Fam Foundation | $50K | 2022 | CHARITABLE CONTRIBUTIONS |
| Ames Fam Foundation | $50K | 2022 | CHARITABLE CONTRIBUTIONS |
| Rockefeller Foundation | $250K | 2021 | IN SUPPORT OF PROVIDING BUSINESS EDUCATION, FUNDING, AND NETWORKING OPPORTUNITIES FOR SMALL, BLACK-OWNED BUSINESSES IN JACKSON, MISSISSIPPI |
| Jessie Smith Noyes Foundation Inc. | $60K | 2021 | General operating support |
| Jessie Smith Noyes Foundation Inc. | $3K | 2021 | General operating support |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Delta Regional Authority | 1 awards totaling $2,317,281 | $2.3M | 2024 |
Frequently Asked Questions
What does Higher Purpose Co do?
Higher Purpose Co is a nonprofit organization focused on community development, based in CLARKSDALE, MS. It is classified under IRC Section 501(c)(03).
Who funds Higher Purpose Co?
Higher Purpose Co has received foundation grants from Walton Family Foundation Inc., The Schmidt Family Foundation, W K Kellogg Foundation, and others. It has also received federal awards from Delta Regional Authority.
What is Higher Purpose Co's annual revenue?
Higher Purpose Co reports total assets of $740K. Annual income is $1.8M.
Where is Higher Purpose Co located?
Higher Purpose Co is located in CLARKSDALE, MS.
Is Higher Purpose Co a 501(c)(3)?
Yes, Higher Purpose Co is a 501(c)(3) tax-exempt organization. Its EIN is 82-1629178. Donations to this organization may be tax-deductible.
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