Foundation in Support of the Franciscan Sisters of the Hearts O

Analysis

Foundation in Support of the Franciscan Sisters of the Hearts O is a registered charity in United States, based in Presidio, TX. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Foundation in Support of the Franciscan Sisters of the Hearts O reported income of $165k and spending of $118k, leaving 28% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $76k to $165k (+116%), an average of +47% a year. The sharpest change came in the year to June 2024, when income rose by 32900%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Foundation in Support of the Franciscan Sisters of the Hearts O sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Buddhist Society of Idaho ($165k), Karazim Ministries International Inc ($165k) and Juniper Church ($165k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.