St Vincent de Paul Charitable Enterprises Inc

Analysis

St Vincent de Paul Charitable Enterprises Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in January 1989, 37 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 December 2023, St Vincent de Paul Charitable Enterprises Inc reported income of $1.1m and spending of $1.3m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $948k to $1.1m (+21%), an average of +4.9% a year. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Vincent de Paul Charitable Enterprises Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Dream Opportunity ($1.1m), The Vancouver Symphony Orchestra ($1.1m) and Aim Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $744k. At year end it held assets of $1.1m against liabilities of $256k, net assets of $799k. It reported 41 employees.

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.