Stuart Heritage Inc

Analysis

Stuart Heritage Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Stuart Heritage Inc reported income of $96k and spending of $85k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $96k (+9.1%), an average of +2.2% a year. The sharpest change came in the year to December 2023, when income rose by 131%. Over the whole period it spent 132% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stuart Heritage Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Berlin & Beyond Inc ($96k), American Turkish Academy of Washington ($96k) and Salem Community Theater ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% of the total. Other salaries and wages came to $35k. At year end it held assets of $767k against liabilities of $862, net assets of $766k. It reported 6 employees.