Heathers Old Skool Village

Analysis

Heathers Old Skool Village is a registered charity in United States, based in Lake Worth, TX. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Heathers Old Skool Village reported income of $343k and spending of $391k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $344k to $343k (-0.4%), an average of -0.1% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heathers Old Skool Village sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Cherokee Employee Scholarship Foundation Inc ($343k), American Friends of Kidum Inc ($343k) and Join Review Committee on Educational Programs in Nuclear ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.9% and program service revenue 84% of the total. Other salaries and wages came to $268k. At year end it held assets of $414k against liabilities of $112k, net assets of $302k.