Sacred Heart of Jesus High School

Analysis

Sacred Heart of Jesus High School is a registered charity in United States, based in Jackson, TN. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Sacred Heart of Jesus High School reported income of $996k and spending of $1.2m, spending 124% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $3.6m to $996k (-72%), an average of -28% a year. The sharpest change came in the year to June 2021, when income dropped by 70%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sacred Heart of Jesus High School sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Texas High School Coaches Education Foundation ($996k), Nationz Foundation Incorporated ($996k) and Newport Montessori School ($996k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 52% of the total. Other salaries and wages came to $561k. At year end it held assets of $5.3m against liabilities of $3.6m, net assets of $1.8m. It reported 26 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.