Heartland Science and Technology Group

Analysis

Heartland Science and Technology Group is a registered charity in United States, based in Chillicothe, IL. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Heartland Science and Technology Group reported income of $1.6m and spending of $1.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $665k to $1.6m (+148%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Heartland Science and Technology Group sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Floodlight Inc ($1.6m), Sinfonia Gulf Coast Inc ($1.6m) and Portland Theater Productions ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $340k (22% of expenses). Other salaries and wages came to $451k. At year end it held assets of $476k against liabilities of $99k, net assets of $377k. It reported 9 employees.