Heritage Christian Services Foundation Inc
Heritage Christian Services Foundation Inc. shows strong asset growth despite recent operating deficits.
EIN: 161318395 · Rochester, NY · NTEE: P75Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.5M |
| Total Expenses | $5.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $32 |
| Net Assets | $18.1M |
| Transparency Score | 85/100 |
Is Heritage Christian Services Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Heritage Christian Services Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heritage Christian Services Foundation Inc
Heritage Christian Services Foundation Inc (EIN: 161318395) is a nonprofit organization based in Rochester, NY, classified under NTEE code P75Z. The organization reported total revenue of $10.5M and total assets of $32.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heritage Christian Services Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heritage Christian Services Foundation Inc is a large nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $5.5M |
| Surplus / Deficit | $-1,773,850 |
| Total Assets | $24.5M |
| Total Liabilities | $6.5M |
| Net Assets | $18.1M |
| Operating Margin | -47.0% |
| Debt-to-Asset Ratio | 26.3% |
| Months of Reserves | 53.1 months |
Financial Health Grade: B
In 2023, Heritage Christian Services Foundation Inc reported a deficit of $1.8M with expenses exceeding revenue, holds 53.1 months of operating reserves (strong position), has a debt-to-asset ratio of 26.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Heritage Christian Services Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.8% | +312.2% | +5.3% |
| 2022 | -45.0% | -24.1% | -11.7% |
| 2021 | +222.3% | +96.7% | +27.9% |
| 2020 | +0.4% | -14.5% | +15.0% |
| 2019 | -10.6% | +1.2% | +16.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Heritage Christian Services Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Heritage Christian Services Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation directly from this foundation, which is highly commendable for an organization of its size with assets exceeding $32 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Heritage Christian Services Foundation Inc's IRS 990 filings:
- Significant operating deficit in the most recent filing (202312), with expenses exceeding revenue by $1,773,850.
Strengths
The following positive indicators were identified for Heritage Christian Services Foundation Inc:
- Consistent and substantial growth in assets, from $12.5M in 2014 to $32.9M currently.
- 0% officer compensation reported across all filings, indicating high efficiency and dedication of funds to mission.
- Strong revenue generation in several past periods, such as $4.4M in 202112 and $2.4M in 202212, relative to expenses.
Frequently Asked Questions about Heritage Christian Services Foundation Inc
Is Heritage Christian Services Foundation Inc a legitimate charity?
Heritage Christian Services Foundation Inc (EIN: 161318395) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $10.5M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Heritage Christian Services Foundation Inc spend its money?
Heritage Christian Services Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Heritage Christian Services Foundation Inc tax-deductible?
Heritage Christian Services Foundation Inc is registered as a tax-exempt nonprofit (EIN: 161318395). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Heritage Christian Services Foundation Inc CEO make?
Heritage Christian Services Foundation Inc's highest-compensated officer earns $32 annually. The organization reported $10.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Heritage Christian Services Foundation Inc's spending goes to programs?
Heritage Christian Services Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Heritage Christian Services Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Heritage Christian Services Foundation Inc is above average for NTEE category P75Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Heritage Christian Services Foundation Inc located?
Heritage Christian Services Foundation Inc is headquartered in Rochester, New York and files with the IRS under EIN 161318395. It is classified under NTEE code P75Z.
How many years of IRS 990 filings does Heritage Christian Services Foundation Inc have?
Heritage Christian Services Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $10.5M in total revenue.
Is Heritage Christian Services Foundation Inc. financially stable?
While the organization has experienced an operating deficit in its 202312 filing (expenses of $5,547,649 exceeding revenue of $3,773,799), its substantial and growing asset base ($32,915,068 currently) suggests long-term financial stability, likely supported by an endowment or investment strategy.
How does the organization manage its administrative costs?
The consistent reporting of 0% officer compensation across all filings indicates a very lean administrative structure regarding executive salaries, which is a strong indicator of efficient use of funds.
What caused the significant deficit in the 202312 period?
The provided data does not specify the exact causes for the $1,773,850 deficit in the 202312 period. Further investigation into the detailed financial statements would be needed to understand if this was due to increased program spending, investment losses, or a temporary dip in contributions.
Filing History
IRS 990 filing history for Heritage Christian Services Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Heritage Christian Services Foundation Inc's revenue has grown by 309.5%, moving from $921K to $3.8M. Total assets increased by 194.6% over the same period, from $8.3M to $24.5M. Total functional expenses rose by 1254.6%, from $410K to $5.5M. In its most recent filing year (2023), Heritage Christian Services Foundation Inc reported a deficit of $1.8M, with expenses exceeding revenue. The organization holds $6.5M in liabilities against $24.5M in assets (debt-to-asset ratio: 26.3%), resulting in net assets of $18.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $5.5M | $24.5M | $6.5M | — | — |
| 2022 | $2.5M | $1.3M | $23.3M | $5.3M | — | View 990 |
| 2021 | $4.5M | $1.8M | $26.4M | $6.3M | — | View 990 |
| 2020 | $1.4M | $901K | $20.6M | $4.8M | — | View 990 |
| 2019 | $1.4M | $1.1M | $17.9M | $3.7M | — | View 990 |
| 2018 | $1.5M | $1.0M | $15.4M | $3.1M | — | View 990 |
| 2017 | $1.5M | $1.1M | $16.3M | $3.3M | — | — |
| 2016 | $1.2M | $831K | $14.3M | $2.9M | — | View 990 |
| 2015 | $2.4M | $1.2M | $13.0M | $2.7M | — | View 990 |
| 2014 | $1.5M | $749K | $12.6M | $2.3M | — | View 990 |
| 2013 | $1.6M | $626K | $11.8M | $2.0M | — | View 990 |
| 2012 | $1.3M | $505K | $9.9M | $1.7M | — | View 990 |
| 2011 | $921K | $410K | $8.3M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $5.5M, and assets of $24.5M (revenue +53.8% year-over-year).
- 2022: Revenue of $2.5M, expenses of $1.3M, and assets of $23.3M (revenue -45.0% year-over-year).
- 2021: Revenue of $4.5M, expenses of $1.8M, and assets of $26.4M (revenue +222.3% year-over-year).
- 2020: Revenue of $1.4M, expenses of $901K, and assets of $20.6M (revenue +0.4% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.1M, and assets of $17.9M (revenue -10.6% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.0M, and assets of $15.4M (revenue +4.1% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.1M, and assets of $16.3M (revenue +18.9% year-over-year).
- 2016: Revenue of $1.2M, expenses of $831K, and assets of $14.3M (revenue -48.3% year-over-year).
- 2015: Revenue of $2.4M, expenses of $1.2M, and assets of $13.0M (revenue +59.5% year-over-year).
- 2014: Revenue of $1.5M, expenses of $749K, and assets of $12.6M (revenue -8.0% year-over-year).
- 2013: Revenue of $1.6M, expenses of $626K, and assets of $11.8M (revenue +24.6% year-over-year).
- 2012: Revenue of $1.3M, expenses of $505K, and assets of $9.9M (revenue +43.1% year-over-year).
- 2011: Revenue of $921K, expenses of $410K, and assets of $8.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heritage Christian Services Foundation Inc:
Data Sources and Methodology
This transparency report for Heritage Christian Services Foundation Inc 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.