Heartland Education Community Inc

Analysis

Heartland Education Community Inc is a registered charity in United States, based in Orrville, OH. It received its IRS tax-exemption ruling in July 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heartland Education Community Inc reported income of $557k and spending of $308k, leaving 45% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $382k to $557k (+46%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 199%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heartland Education Community Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Online School of Arizona ($557k), Basic the International Assoc of Machinists & Aerospace Workers ($557k) and Cincinnati Teen Challenge Inc ($557k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. Other salaries and wages came to $30k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 1 employees.