Hallettsville Sacred Heart Catholic Parish Endowment Fund

Analysis

Hallettsville Sacred Heart Catholic Parish Endowment Fund is a registered charity in United States, based in Hallettsville, TX. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Hallettsville Sacred Heart Catholic Parish Endowment Fund reported income of $142k and spending of $70k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $146k to $142k (-2.7%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 55% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hallettsville Sacred Heart Catholic Parish Endowment Fund sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Liberty and Freedom Inc ($142k), Harry Layden Ministries Inc ($142k) and Asado Ministries Inc ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.