Heidelberg University Association Inc

Analysis

Heidelberg University Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Heidelberg University Association Inc reported income of $287k and spending of $313k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $308k to $287k (-7.0%), an average of -1.8% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 106% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Heidelberg University Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Chispa Project ($287k), Ripples From the Well Inc ($287k) and International Center for Evaluation and Development Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $132k (42% of expenses). Other salaries and wages came to $27k. At year end it held assets of $137k against liabilities of $28k, net assets of $109k. It reported 2 employees.