St Vincents Special Needs Center Inc

Analysis

St Vincents Special Needs Center Inc is a registered charity in United States, based in Trumbull, CT. It received its IRS tax-exemption ruling in April 1956, 70 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, St Vincents Special Needs Center Inc reported income of $24.6m and spending of $24.6m, spending 100% of its income. Across the 6 years on record, from June 2019 to September 2023, income grew from $23.0m to $24.6m (+7.3%), an average of +1.4% a year. The sharpest change came in the year to September 2021, when income rose by 361%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Vincents Special Needs Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within CT. Charities of a similar size with the same main cause include Dale Rogers Training Center Inc ($24.6m), Saint Elizabeth Home East Greenwich ($24.6m) and Lutheran Education Association of Houston ($24.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Other salaries and wages came to $13.5m. At year end it held assets of $19.0m against liabilities of $3.9m, net assets of $15.1m. It reported 343 employees.