Heritage Campus Group
EIN: 853072500 · Shillington, PA · NTEE: L11
| Metric | Value |
|---|---|
| Total Revenue | $18.4M |
| Total Expenses | $19.8M |
| Net Assets | $-9,582,965 |
Is Heritage Campus Group Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heritage Campus Group
Heritage Campus Group (EIN: 853072500) is a nonprofit organization based in Shillington, PA, classified under NTEE code L11. The organization reported total revenue of $18.4M and total assets of $82.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heritage Campus Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heritage Campus Group is a large nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 653.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.2M |
| Total Expenses | $19.8M |
| Surplus / Deficit | $-6,612,481 |
| Total Assets | $83.5M |
| Total Liabilities | $93.1M |
| Net Assets | $-9,582,965 |
| Operating Margin | -50.0% |
| Debt-to-Asset Ratio | 111.5% |
| Months of Reserves | 50.5 months |
Financial Health Grade: C
In 2023, Heritage Campus Group reported a deficit of $6.6M with expenses exceeding revenue, holds 50.5 months of operating reserves (strong position), has a debt-to-asset ratio of 111.5% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Heritage Campus Group's revenue has grown at a compound annual growth rate (CAGR) of 653.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +189.7% | +161.2% | -7.1% |
| 2022 | +456149500.0% | +25483.9% | +13638487.1% |
| 2021 | -100.0% | -4.0% | +65800.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heritage Campus Group has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Heritage Campus Group with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 111.5%.
Frequently Asked Questions about Heritage Campus Group
Is Heritage Campus Group a legitimate charity?
Heritage Campus Group (EIN: 853072500) is a registered tax-exempt nonprofit based in Pennsylvania. It has 4 years of IRS 990 filings on record. Total revenue: $18.4M. No red flags identified. Financial health grade: C.
How does Heritage Campus Group spend its money?
Heritage Campus Group reported $18.4M in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Heritage Campus Group tax-deductible?
Heritage Campus Group is registered as a tax-exempt nonprofit (EIN: 853072500). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heritage Campus Group located?
Heritage Campus Group is headquartered in Shillington, Pennsylvania and files with the IRS under EIN 853072500. It is classified under NTEE code L11.
How many years of IRS 990 filings does Heritage Campus Group have?
Heritage Campus Group has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $18.4M in total revenue.
Filing History
IRS 990 filing history for Heritage Campus Group showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Heritage Campus Group's revenue has grown by 42668.9%, moving from $31K to $13.2M. Total assets increased by 8349568200% over the same period, from $1 to $83.5M. Total functional expenses rose by 64072.6%, from $31K to $19.8M. In its most recent filing year (2023), Heritage Campus Group reported a deficit of $6.6M, with expenses exceeding revenue. The organization holds $93.1M in liabilities against $83.5M in assets (debt-to-asset ratio: 111.5%), resulting in net assets of $-9,582,965.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.2M | $19.8M | $83.5M | $93.1M | — | — |
| 2022 | $4.6M | $7.6M | $89.9M | $92.9M | — | View 990 |
| 2021 | $1 | $30K | $659 | $30K | — | View 990 |
| 2020 | $31K | $31K | $1 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.2M, expenses of $19.8M, and assets of $83.5M (revenue +189.7% year-over-year).
- 2022: Revenue of $4.6M, expenses of $7.6M, and assets of $89.9M (revenue +456149500.0% year-over-year).
- 2021: Revenue of $1, expenses of $30K, and assets of $659 (revenue -100.0% year-over-year).
- 2020: Revenue of $31K, expenses of $31K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heritage Campus Group:
Data Sources and Methodology
This transparency report for Heritage Campus Group is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.