Heritage Christian Academy

Analysis

Heritage Christian Academy is a registered charity in United States, based in Bessemer, AL. It received its IRS tax-exemption ruling in March 2012, 14 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 May 2023, Heritage Christian Academy reported income of $1.9m and spending of $2.2m, spending 112% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.3m to $1.9m (+51%), an average of +11% a year. The sharpest change came in the year to May 2020, when income rose by 17%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heritage Christian Academy sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within AL. Charities of a similar size with the same main cause include Walton Academy for the Performing Arts ($1.9m), Rising Sun Montessori School ($2.0m) and Pivot Education Inc ($1.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 7.6% and program service revenue 92% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.6m against liabilities of $1.3m, net assets of $210k. It reported 32 employees.