Franciscan Tertiary Province of the Sacred Heart Inc

Analysis

Franciscan Tertiary Province of the Sacred Heart Inc is a registered charity in United States, based in Oak Brook, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Franciscan Tertiary Province of the Sacred Heart Inc reported income of $3.5m and spending of $3.0m, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.2m to $3.5m (+11%), an average of +2.6% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Franciscan Tertiary Province of the Sacred Heart Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Ellington Fund ($3.5m), United Way of Abilene ($3.5m) and Homewood Corporation ($3.5m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $254k (8.4% of expenses). Other salaries and wages came to $28k. At year end it held assets of $4.0m against liabilities of $1.6m, net assets of $2.4m. It reported 39 employees.