Heritage Christian Schools Inc

Analysis

Heritage Christian Schools Inc is a registered charity in United States, based in New Berlin, WI. It received its IRS tax-exemption ruling in May 1978, 48 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 June 2023, Heritage Christian Schools Inc reported income of $6.6m and spending of $6.4m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.6m to $6.6m (+17%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 16%. 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 Schools Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include South Carolina High School League ($6.6m), Boy Scouts of America ($6.6m) and Project Reflect ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.8% and program service revenue 87% of the total. Other salaries and wages came to $4.0m. At year end it held assets of $10.4m against liabilities of $3.5m, net assets of $6.9m. It reported 143 employees.