Heartland Academy

Analysis

Heartland Academy is a registered charity in United States, based in Mansfield, OH. It received its IRS tax-exemption ruling in September 2017, 9 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, Heartland Academy reported income of $1.7m and spending of $1.9m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.7m (+64%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heartland Academy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Berry Center Inc ($1.7m), Camphill Soltane ($1.7m) and Citizen Schools Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $100k (5.3% of expenses). Other salaries and wages came to $776k. At year end it held assets of $233k against liabilities of $36k, net assets of $197k. It reported 24 employees.