Sacred Heart Catholic Mission Incorporated

Analysis

Sacred Heart Catholic Mission Incorporated is a registered charity in United States, based in Camden, MS. It received its IRS tax-exemption ruling in February 2005, 21 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, Sacred Heart Catholic Mission Incorporated reported income of $259k and spending of $264k, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $136k to $259k (+91%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sacred Heart Catholic Mission Incorporated sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within MS. Charities of a similar size with the same main cause include Chains Interrupted ($259k), Nevada Kids Foundation Inc ($259k) and Peter Maurin Center of Akron ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.4% of the total. Other salaries and wages came to $92k. At year end it held assets of $84k against liabilities of $0, net assets of $84k. It reported 8 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.