St Vincent Depaul Mission of Bristol Inc

Analysis

St Vincent Depaul Mission of Bristol Inc is a registered charity in United States, based in Bristol, CT. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, St Vincent Depaul Mission of Bristol Inc reported income of $1.3m and spending of $1.2m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $888k to $1.3m (+43%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Vincent Depaul Mission of Bristol Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within CT. Charities of a similar size with the same main cause include Adams Rescue Mission Inc ($1.3m), Civic East 156th Street Corporation ($1.3m) and Foundation for Affordable Housing Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $635k. At year end it held assets of $1.8m against liabilities of $37k, net assets of $1.8m. It reported 33 employees.