St Vincent Depaul of the Valley Inc

Analysis

St Vincent Depaul of the Valley Inc is a registered charity in United States, based in Derby, CT. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Vincent Depaul of the Valley Inc reported income of $479k and spending of $384k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $284k to $479k (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Vincent Depaul of the Valley Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within CT. Charities of a similar size with the same main cause include Pie in the Sky Community Alliance Inc ($478k), Reality Check Inc ($479k) and Eager to Serve Inc ($478k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $69k (18% of expenses). Other salaries and wages came to $125k. At year end it held assets of $951k against liabilities of $89k, net assets of $861k. It reported 6 employees.