American Heritage Education Foundation Inc

Analysis

American Heritage Education Foundation Inc is a registered charity in United States, based in Bellaire, TX. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, American Heritage Education Foundation Inc reported income of $232k and spending of $280k, spending 121% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $219k to $232k (+5.9%), an average of +1.9% a year. The sharpest change came in the year to June 2023, when income rose by 98%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Heritage Education Foundation 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 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Wellspring-Cori Terry and Dancers ($232k), KC Fringe Festival Inc ($232k) and Riseup Labs ($232k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $84k (30% of expenses). Other salaries and wages came to $44k. At year end it held assets of $224k against liabilities of $96k, net assets of $128k. It reported 2 employees.