Sacred Heart Health Ventures Inc

Analysis

Sacred Heart Health Ventures Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sacred Heart Health Ventures Inc reported income of $3.2m and spending of $1,580, leaving 100% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.2m (+50%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 37%. Over the whole period it spent 0.1% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sacred Heart Health Ventures Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MO. Charities of a similar size with the same main cause include Caribbean School Inc ($3.2m), Chebra Agudas Achim Chesed Shel Emeth ($3.2m) and American Friends of Lev Aharon ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.1m against liabilities of $178k, net assets of $3.9m.