Sacred Heart Manor Inc
Analysis
Sacred Heart Manor Inc is a registered charity in United States, based in Cuyahoga FLS, OH. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Sacred Heart Manor Inc reported income of $386k and spending of $467k, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $372k to $386k (+3.6%), an average of +0.9% a year. Over the whole period it spent 112% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sacred Heart Manor Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Roeser Housing Development Corporation ($386k), Avondale Senior Village ($386k) and FHR Cares Inc ($385k).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $2.1m against liabilities of $49k, net assets of $2.1m.
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.
Income and spending
Where the income comes from
- Program services 99%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Roeser Housing Development Corporation | Keene | $386k |
| Avondale Senior Village | Denver | $386k |
| FHR Cares Inc | Tucson | $385k |
| Two Valleys Community Land Trust | Woodacre | $386k |