North Shore Heritage Associates Inc

Analysis

North Shore Heritage Associates Inc is a registered charity in United States, based in Danvers, MA. It received its IRS tax-exemption ruling in October 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, North Shore Heritage Associates Inc reported income of $1.6m and spending of $1.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.6m (+5.2%), an average of +1.3% a year. The sharpest change came in the year to June 2021, when income rose by 97%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Shore Heritage Associates Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Wasatch Adaptive Sports Inc ($1.6m), A Wish with Wings Inc ($1.6m) and Montessori Elementary School ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 94% of the total. At year end it held assets of $11.8m against liabilities of $7.2m, net assets of $4.6m.