Heritage First Priority Corp

Analysis

Heritage First Priority Corp is a registered charity in United States, based in Stanford, KY. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Heritage First Priority Corp reported income of $70k and spending of $58k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $47k to $70k (+50%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Heritage First Priority Corp sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within KY. Charities of a similar size with the same main cause include Light of Dhamma Vipassana Meditation Center ($70k), Oak Tree Ministries ($70k) and St John the Forerunner Foundation ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $6,884 (12% of expenses). At year end it held assets of $15k against liabilities of $0, net assets of $15k.