Christian Heritage School Inc

Analysis

Christian Heritage School Inc is a registered charity in United States, based in Dalton, GA. It received its IRS tax-exemption ruling in August 1987, 39 years ago. 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 2024, Christian Heritage School Inc reported income of $10.1m and spending of $8.3m, spending 82% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.8m to $10.1m (+113%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 38%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christian Heritage School Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Oak Park Residence Corp ($10.1m), Cayuga-Seneca Community Action Agency Inc ($10.2m) and Northwestern Illinois Area Agency on Aging ($10.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $236k (2.9% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $25.2m against liabilities of $640k, net assets of $24.6m. It reported 126 employees.