Heartland Private School Inc
Analysis
Heartland Private School Inc is a registered charity in United States, based in Wyoming, IL. It received its IRS tax-exemption ruling in October 1998, 28 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 2024, Heartland Private School Inc reported income of $230k and spending of $185k, spending 80% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $131k to $230k (+75%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 37%. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Heartland Private School Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Marketing Research Education Foundation Inc ($230k), Moanalua High School Music Boosters Association ($230k) and Blackburn Study Center Inc ($230k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 8.3% of the total. Other salaries and wages came to $150k. At year end it held assets of $283k against liabilities of $3,175, net assets of $279k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Program services 8.3%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Marketing Research Education Foundation Inc | Saint Paul | $230k |
| Moanalua High School Music Boosters Association | Honolulu | $230k |
| Blackburn Study Center Inc | Wexford | $230k |
| Albuquerque Public Library Foundation Inc | Albuquerque | $230k |