Heartwood Educational Collaborative

Analysis

Heartwood Educational Collaborative is a registered charity in United States, based in Fairfax, CA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heartwood Educational Collaborative reported income of $111k and spending of $94k, spending 85% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $100k to $111k (+12%), an average of +3.7% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heartwood Educational Collaborative sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Grosse Pointe South Dugout Club Inc ($111k), Monster Education Foundation NFP ($111k) and Band Boosters of Blackman High School ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $70k against liabilities of $2,000, net assets of $68k.