Sacred Collective

Analysis

Sacred Collective is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in December 2021, 5 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 Collective reported income of $64k and spending of $131k, spending 207% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $91k to $64k (-30%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 146% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sacred Collective sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within IA. Charities of a similar size with the same main cause include Pathway Evangelism Incorporated ($64k), Passing on Mission ($64k) and Destiny Ministries ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $62k (47% of expenses). At year end it held assets of $868k against liabilities of $97, net assets of $868k. It reported 2 employees.

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.