Heritage Christian Academy of Hugoton Inc

Analysis

Heritage Christian Academy of Hugoton Inc is a registered charity in United States, based in Hugoton, KS. It received its IRS tax-exemption ruling in May 1999, 27 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 Christian Academy of Hugoton Inc reported income of $363k and spending of $366k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $327k to $363k (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 95% 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 of Hugoton Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within KS. Charities of a similar size with the same main cause include Take Note Studio Inc ($363k), Brandeis Bronco Band Boosters Inc ($363k) and Washington State College of Ohio Foundation ($363k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. Other salaries and wages came to $226k. At year end it held assets of $486k against liabilities of $5,304, net assets of $481k. It reported 18 employees.