Heartland Swimming Association
Analysis
Heartland Swimming Association is a registered charity in United States, based in El Cajon, CA. It received its IRS tax-exemption ruling in February 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Heartland Swimming Association reported income of $348k and spending of $421k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $430k to $348k (-19%), an average of -5.1% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Heartland Swimming Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Brockton Educational Foundation Inc ($348k), Hermleigh Education Foundation ($348k) and Providence Christian School NW ($348k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $36k (8.5% of expenses). Other salaries and wages came to $206k. At year end it held assets of $109k against liabilities of $0, net assets of $109k. It reported 59 employees.
Income and spending
Where the income comes from
- Contributions & grants 42%
- Program services 57%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Brockton Educational Foundation Inc | Brockton | $348k |
| Hermleigh Education Foundation | Hermleigh | $348k |
| Providence Christian School NW | Ferndale | $348k |
| Nutley Music Boosters Associationinc | Nutley | $349k |