Christian Heritage Academy

Analysis

Christian Heritage Academy is a registered charity in United States, based in Del City, OK. It received its IRS tax-exemption ruling in November 1972, 54 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 May 2023, Christian Heritage Academy reported income of $8.3m and spending of $7.0m, spending 84% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $5.6m to $8.3m (+48%), an average of +10% a year. The sharpest change came in the year to May 2023, when income rose by 22%. 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, Christian Heritage Academy sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within OK. Charities of a similar size with the same main cause include Marc Academy & Family Center Inc ($8.3m), Penn State Alumni Association ($8.3m) and Association for Progressive Communications ($8.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 24% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $111k (1.6% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $12.9m against liabilities of $927k, net assets of $12.0m. It reported 179 employees.