Heritage Athletic Association

Analysis

Heritage Athletic Association is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Heritage Athletic Association reported income of $65k and spending of $64k, spending 98% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $140k to $65k (-53%), an average of -32% a year. The sharpest change came in the year to June 2023, when income dropped by 60%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heritage Athletic Association sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within MI. Charities of a similar size with the same main cause include Uptake Institute ($65k), Olympia Master Builders Education Foundation ($65k) and Cocalico Band Boosters Inc ($65k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.