Particular Council Society of St Vincent de Paul

Analysis

Particular Council Society of St Vincent de Paul is a registered charity in United States, based in Niantic, CT. It received its IRS tax-exemption ruling in June 1941, 85 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, Particular Council Society of St Vincent de Paul reported income of $76k and spending of $83k, spending 108% of what it took in. Across the 3 years on record, from September 2019 to September 2023, income grew from $52k to $76k (+45%), an average of +20% a year. The sharpest change came in the year to September 2023, when income rose by 102%. Over the whole period it spent 153% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Particular Council Society of St Vincent de Paul sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within CT. Charities of a similar size with the same main cause include Lillian Hagopian Corey Charitable T Rust ($76k), Christmas Toy Shop Project Inc ($76k) and Society of California Archivists Inc ($76k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 38% and program service revenue 7.6% of the total. At year end it held assets of $345k against liabilities of $0, net assets of $345k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.