Hallettsville Sacred Heart Catholic Parish Endowment Fund

Organization Overview

Hallettsville Sacred Heart Catholic Parish Endowment Fund is located in Hallettsville, TX. The organization was established in 1992. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hallettsville Sacred Heart Catholic Parish Endowment Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Hallettsville Sacred Heart Catholic Parish Endowment Fund generated $147.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $72.6k during the year ending 12/2022. While expenses have increased by 1.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FOR THE UPKEEP OF SACRED HEART CATHOLIC CHURCH AND SACRED HEART CATHOLIC SCHOOL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE REVENUE WAS ALL DERIVED FROM DONATIONS TO THE ENDOWMENT FUNDS AND INTEREST INCOME EARNED ON ITS INVESTMENTS. THE INTEREST INCOME IS USED TO FURTHER CATHOLIC EDUCATION AT SACRED HEART CATHOLIC CHURCH AND SACRED HEART CATHOLIC SCHOOL BY PROVIDING FOR THE UPKEEP OF THE CHURCH AND SCHOOL.


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Board, Officers & Key Employees

Name (title)Compensation
Dennis Matula
Chairman
$0
Dennis Haas
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$20,075
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$20,075
Total Program Service Revenue$0
Investment income $118,163
Tax Exempt Bond Proceeds $0
Royalties $9,291
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $147,529

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