Heritage Christian School of Cadillac

Analysis

Heritage Christian School of Cadillac is a registered charity in United States, based in Cadillac, MI. It received its IRS tax-exemption ruling in April 1984, 42 years ago. 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 July 2024, Heritage Christian School of Cadillac reported income of $853k and spending of $764k, spending 90% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $540k to $853k (+58%), an average of +9.6% a year. The sharpest change came in the year to July 2023, when income rose by 30%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heritage Christian School of Cadillac sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Pike Christian Academy ($853k), Christian League for Battered Women Inc ($853k) and Hot Springs County Senior Citizens Center Inc ($853k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 34% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $51k (6.6% of expenses). Other salaries and wages came to $409k. At year end it held assets of $677k against liabilities of $7,815, net assets of $669k. It reported 33 employees.