Sacred Heart Village III Inc

Analysis

Sacred Heart Village III Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Village III Inc reported income of $507k and spending of $583k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $435k to $507k (+17%), an average of +3.9% a year. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sacred Heart Village III Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Episcopal Gardens ($507k), Coronel Place Inc ($508k) and Conemaugh Housing Inc ($507k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. At year end it held assets of $1.9m against liabilities of $87k, net assets of $1.8m.

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.