Family Heritage Foundation Inc

Analysis

Family Heritage Foundation Inc is a registered charity in United States, based in Stone MTN, GA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Family Heritage Foundation Inc reported income of $508k and spending of $372k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $357k to $508k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Family Heritage Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include Accent Pontiac Inc ($508k), Veterinary Orthopedic Society ($509k) and Kalamazoo Regional Catholic Schools Foundation ($508k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $47k (13% of expenses). Other salaries and wages came to $75k. At year end it held assets of $327k against liabilities of $12k, net assets of $315k. It reported 13 employees.