Devoted Parents Association Sacred Heart School

Analysis

Devoted Parents Association Sacred Heart School is a registered charity in United States, based in Elmont, NY. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Devoted Parents Association Sacred Heart School reported income of $117k and spending of $288k, spending 246% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $439k to $117k (-73%), an average of -28% a year. The sharpest change came in the year to August 2022, when income rose by 60%. Over the whole period it spent 146% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Devoted Parents Association Sacred Heart School sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Birdville United Band Boosters ($117k), LA Mesa Arts Foundation Inc ($117k) and Promise Council ($117k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $45k (16% of expenses). Other salaries and wages came to $33k. At year end it held assets of $33k against liabilities of $403k, net assets of -$370k. It reported 3 employees.

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.