Sacred Heart School Endowment Fund

Analysis

Sacred Heart School Endowment Fund is a registered charity in United States, based in LA Grange, TX. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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 School Endowment Fund reported income of $78k and spending of $184k, spending 234% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $255k to $78k (-69%), an average of -26% a year. The sharpest change came in the year to December 2020, when income rose by 389%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sacred Heart School Endowment Fund sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include CC Raider Foundation ($78k), Live Like Norah Inc ($78k) and Lakeland Hills Elementary PTA 090219 ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% of the total. At year end it held assets of $5.0m against liabilities of $0, net assets of $5.0m.