Heartland Christian Academy Inc

Analysis

Heartland Christian Academy Inc is a registered charity in United States, based in Bemidji, MN. It received its IRS tax-exemption ruling in December 1981, 45 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 2023, Heartland Christian Academy Inc reported income of $442k and spending of $395k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $336k to $442k (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heartland Christian Academy Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MN. Charities of a similar size with the same main cause include Springfield Operations Ecs Inc ($442k), Gbowee Peace Foundation Africa-Usa ($442k) and College Park Cavalier Band Booster Club ($442k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 56% of the total. Other salaries and wages came to $267k. At year end it held assets of $222k against liabilities of $69k, net assets of $154k. It reported 31 employees.