TPhilanthropy, Voluntarism & GrantmakingEIN: 570835114· Ruling Year: 1989

Heritage Classic Foundation

Hilton Head, South Carolina

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 132 peers in Philanthropy, Voluntarism & Grantmaking with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.41×
Peer Median11.98×
💰
$14.5M
Total Revenue
📊
$13.9M
Total Expenses
🏦
$5.8M
Net Assets
📋
$8.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+27.8%
Year-over-year change (2022 → 2023)
Net Margin
+3.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.41
Net assets divided by total expenses
Liabilities-to-Assets
59.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$14,506,82728%$13,947,26826%$14,213,54932%
2022$11,355,32537%$11,042,25151%$10,740,36828%
2021$8,280,01136%$7,334,48320%$8,421,75430%
2020$6,072,32258%$6,130,80756%$6,479,74713%
2019$14,574,0852%$13,940,4562%$7,419,3335%
2018$14,254,29113%$13,683,17316%$7,083,06025%
2017$12,605,09013%$11,781,6756%$5,652,98732%
2016$11,109,8074%$11,071,4434%$4,296,50124%
2015$10,681,772$10,655,4202%$5,629,56214%
2014$10,695,7252%$10,838,5705%$4,937,83323%
2013$10,453,50619%$10,359,12225%$4,021,77218%
2012$8,814,73019%$8,291,05627%$4,897,42848%
2011$7,380,874$11,299,641$3,314,455

Frequently Asked Questions

What does Heritage Classic Foundation do?

Heritage Classic Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in South Carolina. It is classified under NTEE code T70Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Heritage Classic Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Heritage Classic Foundation has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Heritage Classic Foundation generate?

Heritage Classic Foundation reports $19.0M in annual revenue and holds $16.8M in total assets, based on IRS filings.

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