St Vincent de Paul Thrift Store of Dallas

Analysis

St Vincent de Paul Thrift Store of Dallas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 2004, 22 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 September 2023, St Vincent de Paul Thrift Store of Dallas reported income of $3.6m and spending of $3.2m, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.3m to $3.6m (+56%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Vincent de Paul Thrift Store of Dallas 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 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include San Luis Valley Local Foods Coalition ($3.6m), Drueding Center ($3.6m) and Streetlight Community Outreach Ministries ($3.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $94k (2.9% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $4.3m against liabilities of $194k, net assets of $4.1m. It reported 97 employees.