Sacred Spaces Inc

Analysis

Sacred Spaces Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in November 2016, 10 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 June 2023, Sacred Spaces Inc reported income of $1.9m and spending of $1.0m, leaving 47% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $888k to $1.9m (+116%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 74%. Over the whole period it spent 63% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sacred Spaces Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include A V Living Water Worship Center ($1.9m), St Paul Street Evangelization Inc ($1.9m) and Bridge of Hope ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $411k (40% of expenses). Other salaries and wages came to $290k. At year end it held assets of $2.5m against liabilities of $16k, net assets of $2.5m. It reported 13 employees.