Stillwater Heights Inc

Analysis

Stillwater Heights Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 2003, 23 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 December 2023, Stillwater Heights Inc reported income of $710k and spending of $778k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $659k to $710k (+7.7%), an average of +1.9% a year. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Stillwater Heights Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Yw-Wny Housing Development Fund Company Inc ($710k), Progressive Eldercare Services Greene Inc ($710k) and Telacu Housing San Bernardino III Inc ($709k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. At year end it held assets of $3.9m against liabilities of $119k, net assets of $3.8m.

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.