Christian Heritage School Inc
Analysis
Christian Heritage School Inc is a registered charity in United States, based in Trumbull, CT. It received its IRS tax-exemption ruling in September 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Christian Heritage School Inc reported income of $9.6m and spending of $8.9m, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $10.1m to $9.6m (-4.4%), an average of -1.1% a year. The sharpest change came in the year to June 2021, when income dropped by 17%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Christian Heritage School Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within CT. Charities of a similar size with the same main cause include Puget Sound Electrical Apprenticeship and Training Trust ($9.6m), United Charter High School for the Humanities II ($9.6m) and Califa Group ($9.6m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $337k (3.8% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $15.3m against liabilities of $2.7m, net assets of $12.7m. It reported 152 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 83%
- Other 5.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Puget Sound Electrical Apprenticeship and Training Trust | Renton | $9.6m |
| United Charter High School for the Humanities II | Bronx | $9.6m |
| Califa Group | San Francisco | $9.6m |
| Freedom Classical Academy Inc | N Las Vegas | $9.6m |