Cling- in Memory of Heidi Shultz
Analysis
Cling- in Memory of Heidi Shultz is a registered charity in United States, based in Falmouth, MA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 October 2023, Cling- in Memory of Heidi Shultz reported income of $262k and spending of $166k, leaving 37% of income unspent that year. Across the 4 years on record, from October 2020 to October 2023, income grew from $210k to $262k (+25%), an average of +7.7% a year. The sharpest change came in the year to October 2021, when income rose by 61%. Over the whole period it spent 78% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Cling- in Memory of Heidi Shultz sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Mission Ministries ($262k), Global Banjara Baptist Ministries International Inc ($262k) and San Ramon Valley Education Foundation ($262k).
On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $362k against liabilities of $0, net assets of $362k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mission Ministries | Costa Mesa | $262k |
| Global Banjara Baptist Ministries International Inc | Collierville | $262k |
| San Ramon Valley Education Foundation | San Ramon | $262k |
| Orthodox Hawaiian Iveron Icon Association | Wilmington | $262k |