Vincentian Collaborative System

Analysis

Vincentian Collaborative System is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Vincentian Collaborative System reported income of $13.4m and spending of $8.6m, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $13.4m (+221%), an average of +34% a year. The sharpest change came in the year to June 2023, when income rose by 81%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vincentian Collaborative System sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include St Marys School for the Deaf ($13.4m), School for Field Studies Inc ($13.5m) and El Nido Family Centers ($13.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 53% of the total. Other salaries and wages came to $4.9m. At year end it held assets of $68.8m against liabilities of $61.9m, net assets of $6.9m. It reported 85 employees.