Heritage Christian Academy

Analysis

Heritage Christian Academy is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in February 2009, 17 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 July 2023, Heritage Christian Academy reported income of $2.2m and spending of $2.3m, spending 101% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.9m to $2.2m (+21%), an average of +4.9% a year. The sharpest change came in the year to July 2022, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heritage Christian Academy sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Sharing and Technology Enhancing Local Library Access ($2.2m), Teaching Well Inc ($2.2m) and Fundacion Educativa Concepcion ($2.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 11% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $96k (4.3% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.6m against liabilities of $636k, net assets of $976k. It reported 85 employees.