Is Higher Living Inc Legit?

Higher Living Inc. demonstrates consistent financial activity with revenues and expenses generally in balance over the past nine years. For example, in 2023, revenues were $278,813 against expenses of $276,035, indicating a tight operational margin. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of donor funds, enhancing its transparency and public trust. However, the organization's assets have shown a steady decline from $1,109,047 in 2015 to $764,798 in 2023, while liabilities have also decreased from $538,270 to $173,793 over the same period. This trend suggests a potential reduction in overall scale or a strategic shift in asset management, which warrants further investigation into the nature of these assets and liabilities. Spending efficiency appears high given the minimal difference between revenues and expenses, suggesting that most incoming funds are directly utilized for operations. The consistent reporting of no officer compensation further reinforces this efficiency. While specific program spending percentages are not provided in the raw data, the overall financial picture points to an organization that operates leanly. The declining asset base, even with decreasing liabilities, could be a concern if it impacts long-term sustainability or program capacity, but without more detailed expense breakdowns, it's difficult to fully assess the impact on program delivery. The consistent filing of IRS 990 forms over nine years indicates a commitment to regulatory compliance and transparency.