Society of Saint Vincent de Paul in the Archdiocese of Boston

Analysis

Society of Saint Vincent de Paul in the Archdiocese of Boston is a registered charity in United States, based in Middleboro, MA. It received its IRS tax-exemption ruling in March 2013, 13 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Society of Saint Vincent de Paul in the Archdiocese of Boston reported income of $225k and spending of $275k, spending 122% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income fell from $929k to $225k (-76%), an average of -38% a year. The sharpest change came in the year to September 2023, when income dropped by 75%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of Saint Vincent de Paul in the Archdiocese of Boston sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Upper Frankford Township Volunteer Fire Company ($225k), Society of St Vincent de Paul ($225k) and Girdwood Center for Visual Arts Inc ($225k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $258k against liabilities of $0, net assets of $258k.