Sacred Heart Radio Inc

Analysis

Sacred Heart Radio Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sacred Heart Radio Inc reported income of $1.1m and spending of $1.1m, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $950k to $1.1m (+21%), an average of +6.4% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sacred Heart Radio Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Chop Point Inc ($1.1m), Arthur Bailey Ministries International ($1.1m) and Global Gospel Action Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 32% of the total. Other salaries and wages came to $481k. At year end it held assets of $3.9m against liabilities of $212, net assets of $3.9m. It reported 8 employees.