Heritage Hill Corporation

Analysis

Heritage Hill Corporation is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in April 1977, 49 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heritage Hill Corporation reported income of $1.1m and spending of $981k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $682k to $1.1m (+54%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 90%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Heritage Hill Corporation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WI. Charities of a similar size with the same main cause include Buhl Farm Trust ($1.1m), Marannook Inc ($1.1m) and North Dakota Amateur Hockey Association ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $79k (8.0% of expenses). Other salaries and wages came to $466k. At year end it held assets of $304k against liabilities of $84k, net assets of $221k. It reported 39 employees.