Heritage Academy Inc
Analysis
Heritage Academy Inc is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in August 2016, 10 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 2023, Heritage Academy Inc reported income of $934k and spending of $195k, leaving 79% of income unspent that year. Over the whole period it spent 21% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Heritage Academy Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within AZ. Charities of a similar size with the same main cause include Garden School Corporation ($933k), Upper Valley Teacher Training Program Incorporated ($934k) and Mountain Home Christian Academy ($933k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $63k. At year end it held assets of $1.0m against liabilities of $274k, net assets of $738k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Garden School Corporation | Marietta | $933k |
| Upper Valley Teacher Training Program Incorporated | Lebanon | $934k |
| Mountain Home Christian Academy | Mountain Home | $933k |
| Inspire ND Inc | Kingwood | $934k |