Heritage Ed

Analysis

Heritage Ed is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 2020, 6 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, Heritage Ed reported income of $165k and spending of $183k, spending 111% of what it took in. The sharpest change came in the year to June 2021, when income rose by 191%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heritage Ed sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Urban Paradise Guild ($165k), Cane Bay High School Choral Booster Club ($165k) and Entrepreneurs Organization ($165k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.