The Heidi Group Inc

Analysis

The Heidi Group Inc is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, The Heidi Group Inc reported income of $82k and spending of $73k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $82k (-94%), an average of -51% a year. The sharpest change came in the year to December 2020, when income dropped by 89%. Over the whole period it spent 122% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Heidi Group Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Fallon Food Hub ($82k), Police Fire Memorial Foundation of Yonkers Inc ($82k) and London Downtown Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $729k, net assets of -$704k.