Friends of Sacred Heart School

Analysis

Friends of Sacred Heart School is a registered charity in United States, based in Boone, IA. It received its IRS tax-exemption ruling in June 2022, 4 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 January 2024, Friends of Sacred Heart School reported income of $71k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from January 2023 to January 2024, income fell from $91k to $71k (-23%), an average of -23% a year. The sharpest change came in the year to January 2024, when income dropped by 23%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Sacred Heart School sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within IA. Charities of a similar size with the same main cause include Ivey Ranch Parent Teacher Organization ($71k), Eagle Booster Club Inc ($71k) and PTA New Jersey Congress of Parents & Teachers ($71k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 71% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.