Society of St Vincent de Paul

Analysis

Society of St Vincent de Paul is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Society of St Vincent de Paul reported income of $298k and spending of $346k, spending 116% of what it took in. Across the 3 years on record, from September 2019 to September 2023, income grew from $130k to $298k (+130%), an average of +52% a year. The sharpest change came in the year to September 2022, when income rose by 76%. Over the whole period it spent 112% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Society of St Vincent de Paul sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Bless Asia Network ($298k), Christ on Campus ($299k) and BF Bboy Ministries ($298k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.