Pacific Heritage Schools
Analysis
Pacific Heritage Schools is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in October 2011, 15 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 2023, Pacific Heritage Schools reported income of $4.1m and spending of $4.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $4.1m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Pacific Heritage Schools sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within UT. Charities of a similar size with the same main cause include Concord Christian Academy ($4.1m), Burke County Smart Start Inc ($4.1m) and United Preparatory Academy Inc ($4.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $164k (4.0% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $8.0m against liabilities of $7.7m, net assets of $298k. It reported 81 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 1.4%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Concord Christian Academy | Concord | $4.1m |
| Burke County Smart Start Inc | Morganton | $4.1m |
| United Preparatory Academy Inc | Columbus | $4.1m |
| Pattisons D R E a M Academy | Charleston | $4.1m |