Heritage School Non-Profit Corporation

Analysis

Heritage School Non-Profit Corporation is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 May 2024, Heritage School Non-Profit Corporation reported income of $387k and spending of $382k, spending 99% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $367k to $387k (+5.4%), an average of +1.1% a year. The sharpest change came in the year to May 2022, when income rose by 359%. Over the whole period it spent 47% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Heritage School Non-Profit Corporation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OR. Charities of a similar size with the same main cause include Wellsprings of Freedom International NFP ($386k), Eastern Ukraine Theologicalseminary Board of Ministry Developm ($387k) and Jacksonville Community Kollel Inc ($386k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 3.5% and program service revenue 94% of the total. Other salaries and wages came to $194k. At year end it held assets of $2.4m against liabilities of $816k, net assets of $1.6m. It reported 8 employees.