Sacred Heart Foundation Inc

Analysis

Sacred Heart Foundation Inc is a registered charity in United States, based in Hattiesburg, MS. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Heart Foundation Inc reported income of $77k and spending of $94k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $77k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sacred Heart Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within MS. Charities of a similar size with the same main cause include Pitch in Baseball Inc ($77k), Wall Lacrosse Club ($77k) and Annapolis Youth Lacrosse Association Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.