Vincent House Inc

Analysis

Vincent House Inc is a registered charity in United States, based in Wayland, NY. It received its IRS tax-exemption ruling in September 2000, 26 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, Vincent House Inc reported income of $240k and spending of $204k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $240k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vincent House Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include American Junior Brahman Breeders Association ($240k), Firefighteraid ($240k) and People Program Inc ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $70k. At year end it held assets of $374k against liabilities of $0, net assets of $374k. It reported 6 employees.