Sisters of the Immaculate Heart of Mary of Mirinae

Analysis

Sisters of the Immaculate Heart of Mary of Mirinae is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sisters of the Immaculate Heart of Mary of Mirinae reported income of $317k and spending of $272k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $345k to $317k (-8.0%), an average of -2.1% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sisters of the Immaculate Heart of Mary of Mirinae sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Maclay School Foundation Inc ($317k), Boys & Girls Club of Red Lodge & the Beartooth Front Inc ($317k) and Hollis Adams Foundation Inc ($317k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $8,640. At year end it held assets of $1.6m against liabilities of $1,861, net assets of $1.5m. It reported 2 employees.