Heritage Christian Academy of East Tennessee

Analysis

Heritage Christian Academy of East Tennessee is a registered charity in United States, based in New Tazewell, TN. It received its IRS tax-exemption ruling in May 2005, 21 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 December 2023, Heritage Christian Academy of East Tennessee reported income of $691k and spending of $689k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $433k to $691k (+60%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heritage Christian Academy of East Tennessee sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include Kasiisi Project Inc ($691k), Madrona School ($691k) and Love Your School ($691k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 50% of the total. Other salaries and wages came to $401k. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m. It reported 32 employees.