Men of the Sacred Hearts

Analysis

Men of the Sacred Hearts is a registered charity in United States, based in Rochester HLS, MI. It received its IRS tax-exemption ruling in December 2006, 20 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, Men of the Sacred Hearts reported income of $168k and spending of $176k, spending 105% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $366k to $168k (-54%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 62%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Men of the Sacred Hearts sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within MI. Charities of a similar size with the same main cause include Justin Graves Ministries Inc ($168k), Soccer Chaplains United ($168k) and Triumph of the Cross Community Inc ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 46% of the total. At year end it held assets of $286k against liabilities of $5,322, net assets of $281k.

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.