Heritage Heights Academy Inc

Analysis

Heritage Heights Academy Inc is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in April 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 Heights Academy Inc reported income of $6.4m and spending of $6.9m, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.7m to $6.4m (+72%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heritage Heights Academy Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Oregon Tech Foundation Inc ($6.4m), Onondaga Community College Foundation Inc ($6.4m) and Salisbury School Inc ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $2.6m (37% of expenses). At year end it held assets of $5.1m against liabilities of $6.8m, net assets of -$1.7m. It reported 63 employees.