Sacred Heart Housing Corporation

Analysis

Sacred Heart Housing Corporation is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in August 1994, 32 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 March 2024, Sacred Heart Housing Corporation reported income of $210k and spending of $213k, spending 101% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $218k to $210k (-4.0%), an average of -1.0% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sacred Heart Housing Corporation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Joan Los Angeles ($210k), New England Society in the City of New York ($210k) and Kendall Park First Aid & Rescue Squad Inc ($210k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 12% of the total. Compensation of current officers, directors and key employees was $42k (20% of expenses). At year end it held assets of $21k against liabilities of $0, net assets of $21k.