Children of the Immaculate Heart

Analysis

Children of the Immaculate Heart is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in May 2015, 11 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 December 2023, Children of the Immaculate Heart reported income of $1.0m and spending of $873k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $429k to $1.0m (+136%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Children of the Immaculate Heart sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Donaldsonville Area Arc Inc ($1.0m), Enriched Resources for Independent Elderly Inc ($1.0m) and Lacrosses Toddle Inn Day Care Center Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $51k (5.9% of expenses). Other salaries and wages came to $384k. At year end it held assets of $192k against liabilities of $10k, net assets of $182k. It reported 31 employees.