Heritage Christian College Foundation USA

Analysis

Heritage Christian College Foundation USA is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Heritage Christian College Foundation USA reported income of $2.5m and spending of $2.7m, spending 111% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.6m to $2.5m (+51%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 272%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Heritage Christian College Foundation USA sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Yuma Crossing National Heritage Area Corporation ($2.4m), Marketplace-Handwork of India ($2.5m) and Teach for Israel Inc ($2.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $158k against liabilities of $380k, net assets of -$223k.