Sacred Heart Community Service

Analysis

Sacred Heart Community Service is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in December 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Sacred Heart Community Service reported income of $44.7m and spending of $45.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.0m to $44.7m (+72%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 67%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sacred Heart Community Service sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Faith Healthcare Inc ($44.7m), Pathways of Southwestern Pennsylvania Inc ($44.7m) and Sarah Ralston Foundation ($44.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $373k (0.8% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $25.0m against liabilities of $4.9m, net assets of $20.1m. It reported 175 employees.