Higher Learning Commission

Organization Overview

Higher Learning Commission is located in Chicago, IL. The organization was established in 2001. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 08/2022, Higher Learning Commission employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Higher Learning Commission is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2022, Higher Learning Commission generated $14.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $15.5m during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP AND MAINTAIN HIGH STANDARDS OF EDUCATION FOR UNIVERSITIES AND COLLEGES

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACCREDIT POST-SECONDARY INSTITUTIONS OF HIGHER EDUCATION


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$233,925
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$233,925
Total Program Service Revenue$13,968,594
Investment income $477,188
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$113,359
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,566,348

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Higher Learning Commission has recieved totaling $500,000.

Awarding OrganizationAmount
Lumina Foundation For Education Inc

Indianapolis, IN

PURPOSE: TO DEVELOP AND IMPLEMENT NEW QUALITY ASSURANCE APPROACHES THAT BETTER ACCOUNT FOR THE DIVERSITY OF TODAY'S STUDENTS' PATHWAYS AND THAT REFLECT THE EMERGING LUMINA TASK FORCE PRIORITIES FOR QUALITY IMPROVEMENT INDICATORS.

$500,000
View Grant Recipient Profile

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