Sacred Heart Retreat House Inc

Analysis

Sacred Heart Retreat House Inc is a registered charity in United States, based in Alhambra, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 July 2023, Sacred Heart Retreat House Inc reported income of $1.6m and spending of $1.6m, spending 103% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $2.6m to $1.6m (-41%), an average of -12% a year. The sharpest change came in the year to July 2021, when income dropped by 50%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sacred Heart Retreat House Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Job Training for Beaver County Inc ($1.6m), Wounded Warriors in Action Foundation Inc ($1.6m) and Habitat for Humanity International Inc ($1.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Other salaries and wages came to $500k. At year end it held assets of $2.0m against liabilities of $127k, net assets of $1.8m. It reported 11 employees.