Sacred Heart Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,113,031 | 2,246,101 | 1,866,930 | 18.4 | 47% |
| 2021 | 4,415,581 | 2,323,014 | 2,092,567 | 28.6 | 47% |
| 2022 | 2,564,336 | 2,624,794 | −60,458 | 25.0 | 41% |
| 2023 | 2,609,366 | 2,941,739 | −332,373 | 21.7 | 43% |
| 2024 | 2,750,018 | 3,112,205 | −362,187 | 19.1 | 47% |
In its most recent public year (2024), this organization spent $362,187 more than it brought in. Its reserves stood at about 19.1 months of spending. Staff pay was 47% of spending. $571,986 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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