Missionaries of the Sacred Heart Inc

Analysis

Missionaries of the Sacred Heart Inc is a registered charity in United States, based in Clarksburg, OH. It received its IRS tax-exemption ruling in December 1993, 33 years ago. 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 December 2023, Missionaries of the Sacred Heart Inc reported income of $137k and spending of $170k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $137k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Missionaries of the Sacred Heart Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include Nysarc Trust-Exempt Trust ($137k), Cumberland County Emergency and Rescue Squad Inc ($137k) and Greater Hansville Community Center ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $187k against liabilities of $0, net assets of $187k.

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.