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HIGHER PURPOSE CO

EIN 82-1629178 CLARKSDALE, MS

Revenue 2024
$1,806,637
Expenses 2024
$2,397,717

Program services were 98.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S20
Classification
1000
Street
130 DESOTO AVE STE 10

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

Higher Purpose Co mission is to improve intergenerational economic opportunity across Mississippi by prioritizing Black communities impacted by poverty. Our key programming pillars are Business Ownership, Food Justice, Arts/Culture, Workforce Development, and Public Policy. Utilizing an integrated model of community education, digital storytelling, and participatory grantmaking to create systemic impact.

  • HP Business Education and Training - Provide capital matchmaking, application packaging, and customized business growth using a non-extractive integrated capital model for black entrepreneurs.

    Expenses $2,353,513

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Dr Sondra Collins

    Director

    Total calculated
    $0
    Hours/week
    2

  • Derek Dewayne Hopson Jr

    President

    Total calculated
    $0
    Hours/week
    2

  • Dr Temika Simmons

    Vice President

    Total calculated
    $0
    Hours/week
    2

  • Mara Scott

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Jacqueline Johnson

    Director

    Total calculated
    $0
    Hours/week
    2

  • Rosie Brown

    Director

    Total calculated
    $0
    Hours/week
    2

  • Pamela Hadley

    Director

    Total calculated
    $0
    Hours/week
    2

  • Timothy E Lampkin

    CEO

    Total calculated
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $1,806,637
    Expenses
    $2,397,717
    Contributions
    $1,806,637
    Grants paid
    $40,000
  • 2024
    Revenue
    $1,806,637
    Expenses
    $2,397,717
    Contributions
    $1,806,637
    Grants paid
    $40,000
  • 2023
    Revenue
    $1,823,132
    Expenses
    $2,591,129
    Contributions
    $1,822,952
    Grants paid
    $147,270
  • 2022
    Revenue
    $864,131
    Expenses
    $1,065,452
    Contributions
    $863,957
    Grants paid
    $178,225

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $1,518,368
    Expenses
    $1,165,834
    Assets (EOY)
    $2,000,669

  • 2021 · 990

    Revenue
    $1,518,587
    Expenses
    $1,140,551
    Assets (EOY)
    $2,003,170

  • 2020 · 990

    Revenue
    $2,226,835
    Expenses
    $1,360,344
    Assets (EOY)
    $1,980,554

  • 2019 · 990

    Revenue
    $1,522,645
    Expenses
    $349,152
    Assets (EOY)
    $1,200,735

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Form 990-N e-Postcard, tax year 2018

Tax period
1 January 2018 to 31 December 2018
Principal officer
Timothy Lampkin
Mailing address
130 Desoto Ave Suite 10Clarksdale MS 38614
Website
www.higherpurposeco.org

As filed, from the IRS e-Postcard file of 26 October 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.