Heritage Community Support Foundation

Analysis

Heritage Community Support Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Community Support Foundation reported income of $105k and spending of $56k, leaving 47% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $322k to $105k (-68%), an average of -43% a year. The sharpest change came in the year to December 2023, when income rose by 469%. Over the whole period it spent 22% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heritage Community Support Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Holmes County Share-A-Christmas Inc ($105k), Newberg Early Birds Rotary Foundation ($105k) and Yaeger Foundation Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $361k against liabilities of $6,300, net assets of $355k.