Heritage Christian Services Inc

Analysis

Heritage Christian Services Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in February 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Christian Services Inc reported income of $147.9m and spending of $140.7m, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $93.3m to $147.9m (+59%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heritage Christian Services Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Second Harvest Food Bank of Middle Tennessee Inc ($147.5m), Willow Valley Communities ($149.0m) and Developmental Disabilities Institute Inc ($147.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $1.6m (1.1% of expenses). Other salaries and wages came to $89.1m. At year end it held assets of $64.1m against liabilities of $26.2m, net assets of $37.9m. It reported 4,469 employees.