Shawme Heights II Inc

Analysis

Shawme Heights II Inc is a registered charity in United States, based in Sandwich, MA. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2024, Shawme Heights II Inc reported income of $592k and spending of $628k, spending 106% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $470k to $592k (+26%), an average of +5.9% a year. The sharpest change came in the year to March 2023, when income rose by 21%. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shawme Heights II Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Disciples Housing Inc ($592k), 1329 College Avenue HDFC Inc ($592k) and St Andrews Ascension Senior Housingestl Inc ($592k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 45% and program service revenue 54% of the total. Other salaries and wages came to $130k. At year end it held assets of $3.8m against liabilities of $448k, net assets of $3.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.