Heritage Christian Academy of Lexington South Carolina

Analysis

Heritage Christian Academy of Lexington South Carolina is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in September 1998, 28 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 Lexington South Carolina reported income of $919k and spending of $888k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $604k to $919k (+52%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 89% 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 Lexington South Carolina 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 82nd percentile within SC. Charities of a similar size with the same main cause include Cyclone Regional Training Center Inc ($919k), Aphasia Center of West Texas Inc ($920k) and Seattle Pacific Foundation ($919k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.5% and program service revenue 87% of the total. Other salaries and wages came to $614k. At year end it held assets of $1.3m against liabilities of $647k, net assets of $648k. It reported 26 employees.