Sacred Heart Center

Analysis

Sacred Heart Center is a registered charity in United States, based in Eagle Butte, SD. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Center reported income of $2.8m and spending of $3.1m, spending 113% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $3.1m to $2.8m (-10%), an average of -2.2% a year. The sharpest change came in the year to June 2022, when income dropped by 42%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sacred Heart Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within SD. Charities of a similar size with the same main cause include One Family Inc ($2.7m), Empowerhouse ($2.8m) and Alabama Childhood Food Solutions Inc ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $93k (3.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $5.4m against liabilities of $476k, net assets of $5.0m. It reported 50 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.