Universidad Del Sagrado Corazon Inc

Analysis

Universidad Del Sagrado Corazon Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Universidad Del Sagrado Corazon Inc reported income of $50.4m and spending of $48.1m, spending 95% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $40.6m to $50.4m (+24%), an average of +7.5% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Universidad Del Sagrado Corazon Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PR. Charities of a similar size with the same main cause include University of Mount Olive Inc ($50.4m), Florida Memorial University Inc ($50.4m) and Francis W Parker School ($50.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $2.6m (5.5% of expenses). Other salaries and wages came to $17.2m. At year end it held assets of $77.0m against liabilities of $28.7m, net assets of $48.3m. It reported 935 employees.