Sacred Heart Radio Incorporated

Analysis

Sacred Heart Radio Incorporated is a registered charity in United States, based in Kirkland, WA. It received its IRS tax-exemption ruling in August 1999, 27 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, Sacred Heart Radio Incorporated reported income of $862k and spending of $709k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $734k to $862k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sacred Heart Radio Incorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WA. Charities of a similar size with the same main cause include Friendship-West Faithformula Humanservices ($862k), Noam Shabbos ($862k) and Light Ministries Incorporated ($862k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $172k. It paid $7,750 in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $84k, net assets of $1.3m. It reported 6 employees.