Heir Force Community School

Analysis

Heir Force Community School is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in August 2006, 20 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 2023, Heir Force Community School reported income of $3.3m and spending of $2.4m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $3.3m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2022, when income rose by 17%. 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, Heir Force Community School sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Texas Aggie Corps of Cadets Association ($3.3m), Youngstown Academy of Excellence ($3.3m) and Faculty Student Association of Westchester Community College Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $77k (3.2% of expenses). Other salaries and wages came to $950k. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m. It reported 38 employees.