Heritage Training and Career Center

Analysis

Heritage Training and Career Center is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in May 2008, 18 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, Heritage Training and Career Center reported income of $736k and spending of $727k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $408k to $736k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heritage Training and Career Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within AL. Charities of a similar size with the same main cause include Elgin Youth Symphony Orchestra Inc ($736k), Livemore ($736k) and North Texas Capacity Builders Inc ($735k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $165k. At year end it held assets of $148k against liabilities of $164k, net assets of -$17k. It reported 7 employees.