Heronfield Academy
Analysis
Heronfield Academy is a registered charity in United States, based in Hampton Falls, NH. It received its IRS tax-exemption ruling in April 2007, 19 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, Heronfield Academy reported income of $2.8m and spending of $2.5m, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.1m to $2.8m (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Heronfield Academy sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NH. Charities of a similar size with the same main cause include Colorado Personalized Education Program for Physicians ($2.8m), Longview Christian School Inc ($2.8m) and Eukarya Family Center Inc ($2.8m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.9% and program service revenue 91% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $5.1m against liabilities of $1.6m, net assets of $3.5m. It reported 23 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.9%
- Program services 91%
- Other 5.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Colorado Personalized Education Program for Physicians | Denver | $2.8m |
| Longview Christian School Inc | Longview | $2.8m |
| Eukarya Family Center Inc | Stephens City | $2.8m |
| Collegiate Academy for Mathematics and Personal Awareness | Brooklyn | $2.9m |