Christian Heritage Educational Foundation

Analysis

Christian Heritage Educational Foundation is a registered charity in United States, based in Trumbull, CT. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Christian Heritage Educational Foundation reported income of $277k and spending of $196k, leaving 29% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $215k to $277k (+29%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christian Heritage Educational Foundation sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within CT. Charities of a similar size with the same main cause include Violence Prevention Center ($277k), Hopes Chariot Inc ($277k) and Waukesha County Christmas Clearing Council Inc ($277k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $3.4m against liabilities of $282k, net assets of $3.1m.