Sacred Heart Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 6,613,841 | 166,100 | 6,447,741 | 458.3 | 5% |
| 2016 | 328,821 | 643,846 | −315,025 | 114.5 | 4% |
| 2017 | 695,857 | 779,713 | −83,856 | 98.2 | 5% |
| 2018 | 6,236,709 | 2,963,939 | 3,272,770 | 38.1 | 1% |
| 2019 | 1,182,048 | 2,398,706 | −1,216,658 | 40.1 | 2% |
| 2020 | 690,825 | 607,934 | 82,891 | 174.1 | 7% |
| 2021 | 661,145 | 553,881 | 107,264 | 209.4 | 9% |
| 2022 | −787,347 | 525,174 | −1,312,521 | 191.7 | 9% |
| 2023 | 756,014 | 865,434 | −109,420 | 122.5 | 9% |
In its most recent public year (2023), this organization spent $109,420 more than it brought in. Its reserves stood at about 122.5 months of spending, down from 458.3 in 2015. Staff pay was 9% of spending. $8,840,940 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 2023. 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
Sacred Heart Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works