Heartland Christian School Inc
Analysis
Heartland Christian School Inc is a registered charity in United States, based in Sebring, FL. It received its IRS tax-exemption ruling in June 1991, 35 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, Heartland Christian School Inc reported income of $2.9m and spending of $2.6m, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.9m (+74%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 86% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Heartland Christian School Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Sage School Incorporated ($2.9m), Danville Area Community College Foundation Inc ($2.9m) and Georgia High School for Accelerated Learning-Fulton County Inc ($2.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $71k (2.7% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.9m against liabilities of $42k, net assets of $1.9m. It reported 77 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.8%
- Program services 94%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sage School Incorporated | Hailey | $2.9m |
| Danville Area Community College Foundation Inc | Danville | $2.9m |
| Georgia High School for Accelerated Learning-Fulton County Inc | Atlanta | $2.9m |
| Casa Latina | Seattle | $2.9m |