Heritage Christian Academy

Analysis

Heritage Christian Academy is a registered charity in United States, based in Picayune, MS. It received its IRS tax-exemption ruling in February 2015, 11 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 2024, Heritage Christian Academy reported income of $2.5m and spending of $2.6m, spending 103% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $2.5m (+132%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 90% 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 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within MS. Charities of a similar size with the same main cause include Educational Academy for Boys and Girls ($2.5m), Consortium for Hawaii Ecological Engineering Education ($2.5m) and Montessori School of Louisville Inc ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.4% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $164k (6.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.6m against liabilities of $4.3m, net assets of $1.3m. It reported 65 employees.