Heritage Hills Scholarship Foundation Inc

Analysis

Heritage Hills Scholarship Foundation Inc is a registered charity in United States, based in Santa Claus, IN. It received its IRS tax-exemption ruling in August 1989, 37 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 August 2024, Heritage Hills Scholarship Foundation Inc reported income of $128k and spending of $86k, leaving 33% of income unspent that year. Across the 5 years on record, from August 2020 to August 2024, income grew from $90k to $128k (+42%), an average of +9.1% a year. The sharpest change came in the year to August 2022, when income rose by 41%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heritage Hills Scholarship Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within IN. Charities of a similar size with the same main cause include We Must Protect ($128k), Key West Rotary Club Foundation Inc ($128k) and Mid Chambers Christian Caring Center Inc ($128k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 83% of the total. At year end it held assets of $507k against liabilities of $0, net assets of $507k.