Heritage Private School Inc

Analysis

Heritage Private School Inc is a registered charity in United States, based in Sterling, OH. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2024, Heritage Private School Inc reported income of $366k and spending of $382k, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $313k to $366k (+17%), an average of +3.2% a year. The sharpest change came in the year to June 2020, when income rose by 114%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heritage Private School Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include San Jose State University Alumni Assoc ($366k), Revive Community Health Center ($366k) and National Church Residences of ($366k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $6,000 (1.6% of expenses). Other salaries and wages came to $254k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 6 employees.