The Society of St Vincent de Paul of Philadelphia

Analysis

The Society of St Vincent de Paul of Philadelphia is a registered charity in United States, based in Plymouth MTNG, PA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. 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 September 2023, The Society of St Vincent de Paul of Philadelphia reported income of $2.7m and spending of $2.8m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $2.7m (+78%), an average of +16% a year. The sharpest change came in the year to September 2022, when income rose by 74%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Society of St Vincent de Paul of Philadelphia sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Urban Mission Ministries Inc ($2.7m), Habitat for Humanity International Inc ($2.7m) and Durham Crisis Response Center ($2.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $118k. At year end it held assets of $1.5m against liabilities of $601, net assets of $1.5m. It reported 5 employees.