Heritage Grocers Giving Foundation

Analysis

Heritage Grocers Giving Foundation is a registered charity in United States, based in Ontario, CA. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heritage Grocers Giving Foundation reported income of $631k and spending of $695k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $549k to $631k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 175%. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heritage Grocers Giving Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Opportunities Inc ($631k), Palm Harbor Academy Inc ($631k) and Georgia Association of Public Pension Trustees Inc ($631k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $700k against liabilities of $11k, net assets of $688k.