Heritage K-8 Charter is a 501(c)(3) organization based in San Diego, California, registered in 2007, with $16,949,334 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$16.9M
▼ 1.1% vs prior year
Education median: $200K
Expenses (FY2023)
$16.5M
Net assets
$8.6M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Heritage K-8 Charter— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Heritage K-8 Charter: 6 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Heritage K-8 Charter— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Heritage K-8 Charter: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $4.3M (FY2013) to $16.9M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
2.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$30.9M
Total liabilities
$22.3M
Net assets
$8.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $16,949,334▼1.1% | $16,462,751▲17.6% | $8,647,637▲2.2% | $30,940,792▼4.4% | 990 |
| 2022 | $17,146,469▲23.5% | $14,002,529▼8.1% | $8,464,715▲57.8% | $32,352,754▲400% | 990 |
| 2021 | $13,882,654▲15.1% | $15,239,402▲38.6% | $5,365,075▼20.2% | $6,469,529▼5.7% | 990 |
| 2020 | $12,057,601▲1.9% | $10,995,332▼15.7% | $6,721,823▲18.8% | $6,858,341▲1.8% | 990 |
| 2019 | $11,830,810▼1.2% | $13,047,810▲26.8% | $5,659,554▼17.7% | $6,736,183▼3.5% | 990 |
| 2018 | $11,974,770▲17.6% | $10,286,960▲0.8% | $6,876,554▲32.5% | $6,981,749▲19.7% | 990 |
| 2017 | $10,179,229▲36.4% | $10,204,810▲49.8% | $5,188,744▼0.5% | $5,831,431▲0.9% | 990 |
| 2016 | $7,464,803▲27.2% | $6,812,177▲37.9% | $5,214,325▲14.3% | $5,778,098▲16.4% | 990 |
| 2015 | $5,870,059▲24.2% | $4,940,521▲15.5% | $4,561,699▲25.6% | $4,962,180▲15.5% | 990 |
| 2014 | $4,726,292▲9.7% | $4,276,626▲6.3% | $3,632,161▲14.1% | $4,295,886▲16.9% | 990 |
| 2013 | $4,306,454 | $4,022,593▼17.1% | $3,182,495▲9.8% | $3,676,388▲1.3% | 990 |
| 2012 | — | $4,851,566▲8.0% | $2,898,634▲30.0% | $3,627,548▲36.6% | 990 |
| 2011 | — | $4,492,941▲23.6% | $2,228,956▲21.9% | $2,655,141▲15.7% | 990 |
| 2010 | — | $3,634,330▲25.0% | $1,829,090▲17.2% | $2,294,429▲23.5% | 990 |
| 2009 | — | $2,908,018 | $1,560,124 | $1,858,477 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Heritage K-8 Charter (EIN 30-0176736) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.