Heritage Academy Foundation Inc

Analysis

Heritage Academy Foundation Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heritage Academy Foundation Inc reported income of $63k and spending of $146k, spending 232% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $95k to $63k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2021, when income rose by 722%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heritage Academy Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within OK. Charities of a similar size with the same main cause include Daniel Cantor Wultz Foundation Inc ($63k), International Assoc for Scientific Study of Intellectual Disabilities ($63k) and Sustainable Obtainable Solutions ($63k).

At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.