Sacred Heart Conference SVDP Cullman

Analysis

Sacred Heart Conference SVDP Cullman is a registered charity in United States, based in Cullman, AL. It received its IRS tax-exemption ruling in August 2023, 3 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Sacred Heart Conference SVDP Cullman reported income of $98k and spending of $149k, spending 151% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income fell from $170k to $98k (-42%), an average of -24% a year. The sharpest change came in the year to September 2022, when income dropped by 59%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sacred Heart Conference SVDP Cullman sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within AL. Charities of a similar size with the same main cause include Hammond for Hope Foundation Inc ($98k), Sails of Freedom Inc ($98k) and Melon I Corporation ($98k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.