Heritage Christian School

Analysis

Heritage Christian School is a registered charity in United States, based in Hudson, NC. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 May 2023, Heritage Christian School reported income of $813k and spending of $984k, spending 121% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $547k to $813k (+49%), an average of +14% a year. The sharpest change came in the year to May 2022, when income rose by 20%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Heritage Christian School sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include United Way of Lebanon County Inc ($812k), Oak Ridge Foundation ($813k) and Kissler Family Foundation ($812k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $69k (7.0% of expenses). Other salaries and wages came to $500k. At year end it held assets of $342k against liabilities of $138k, net assets of $204k. It reported 35 employees.