St Vincent Depaul Mission of Waterbury Inc

Analysis

St Vincent Depaul Mission of Waterbury Inc is a registered charity in United States, based in Waterbury, CT. It received its IRS tax-exemption ruling in June 1979, 47 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, St Vincent Depaul Mission of Waterbury Inc reported income of $5.1m and spending of $4.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $5.1m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Vincent Depaul Mission of Waterbury Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within CT. Charities of a similar size with the same main cause include Greater Amsterdam Volunteer Ambulance Corp ($5.0m), Sistema Infantil Teleton USA ($5.1m) and Tourette Association of America Inc ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $370k (7.7% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $6.8m against liabilities of $416k, net assets of $6.4m. It reported 61 employees.