Shawme Heights Inc

Analysis

Shawme Heights Inc is a registered charity in United States, based in Sandwich, MA. It received its IRS tax-exemption ruling in September 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shawme Heights Inc reported income of $1.0m and spending of $760k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $603k to $1.0m (+70%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shawme Heights Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Imago School Association Inc ($1.0m), Clemson Child Development Center ($1.0m) and Arc of Virginia Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 20% of the total. Other salaries and wages came to $135k. At year end it held assets of $6.4m against liabilities of $5.9m, net assets of $489k.