Sacred Heart Benedictine Foundation

Analysis

Sacred Heart Benedictine Foundation is a registered charity in United States, based in Dickinson, ND. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 June 2024, Sacred Heart Benedictine Foundation reported income of $310k and spending of $129k, leaving 58% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $419k to $310k (-26%), an average of -7.2% a year. The sharpest change came in the year to June 2021, when income rose by 181%. Over the whole period it spent 136% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sacred Heart Benedictine Foundation sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 57th percentile within ND. Charities of a similar size with the same main cause include Churches United for Community Concern Inc ($310k), Arc of Douglas County ($310k) and Suicide and Crisis Center of North Texas ($310k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% of the total. At year end it held assets of $3.0m against liabilities of $19k, net assets of $3.0m.