Associated Alumnae and Alumni of the Sacred Heart

Analysis

Associated Alumnae and Alumni of the Sacred Heart is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Associated Alumnae and Alumni of the Sacred Heart reported income of $142k and spending of $149k, spending 105% of its income. Across the 6 years on record, from May 2019 to May 2024, income fell from $351k to $142k (-60%), an average of -16% a year. The sharpest change came in the year to May 2020, when income dropped by 23%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Associated Alumnae and Alumni of the Sacred Heart sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within MO. Charities of a similar size with the same main cause include National Free Flight Society ($142k), Pendleton Junior Livestock Show ($142k) and Plattsburgh Alumni Association State University of New York Inc ($142k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 64% of the total. Other salaries and wages came to $30k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 2 employees.