Heritage Christian Academy of North Idaho Inc
Analysis
Heritage Christian Academy of North Idaho Inc is a registered charity in United States, based in Spirit Lake, ID. It received its IRS tax-exemption ruling in February 2018, 8 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 June 2024, Heritage Christian Academy of North Idaho Inc reported income of $262k and spending of $304k, spending 116% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $83k to $262k (+217%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 747%. Over the whole period it spent 124% 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 North Idaho Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within ID. Charities of a similar size with the same main cause include Grassfield Band Parent Association Inc ($262k), Pops Passion Community Development Corporation CDC Inc ($262k) and Indiana State Library Foundation Inc ($262k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.1% and program service revenue 46% of the total. Other salaries and wages came to $168k. At year end it held assets of $997k against liabilities of $0, net assets of $997k. It reported 12 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 4.1%
- Program services 46%
- Other 50%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Grassfield Band Parent Association Inc | Chesapeake | $262k |
| Pops Passion Community Development Corporation CDC Inc | Charlotte | $262k |
| Indiana State Library Foundation Inc | Indianapolis | $262k |
| Ema Foundation for Paper-Based Communications | Alexandria | $262k |