Heritage Center of Orange Inc
Analysis
Heritage Center of Orange Inc is a registered charity in United States, based in Orange, TX. It received its IRS tax-exemption ruling in October 1978, 48 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Heritage Center of Orange Inc reported income of $648k and spending of $501k, leaving 23% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $596k to $648k (+8.7%), an average of +2.1% a year. Over the whole period it spent 74% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Heritage Center of Orange Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Marin Housing Development Corporation ($648k), Christopher Homes of Arkansas Inc ($648k) and Casa Natomas ($648k).
On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $42k (8.3% of expenses). Other salaries and wages came to $31k. At year end it held assets of $2.0m against liabilities of $936k, net assets of $1.1m. It reported 3 employees.
Income and spending
Where the income comes from
- Program services 99%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Marin Housing Development Corporation | San Rafael | $648k |
| Christopher Homes of Arkansas Inc | Sherwood | $648k |
| Casa Natomas | Carmichael | $648k |
| Stella Maris Housing Development Corp | Rockland | $649k |