Saint Vincent Depaul Society

Analysis

Saint Vincent Depaul Society is a registered charity in United States, based in Lancaster, OH. It received its IRS tax-exemption ruling in September 2008, 18 years ago. 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, Saint Vincent Depaul Society reported income of $271k and spending of $323k, spending 119% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $206k to $271k (+32%), an average of +9.6% a year. The sharpest change came in the year to September 2021, when income rose by 32%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saint Vincent Depaul Society sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Arc of Williamson County ($271k), Texas Cotton Gin Museum Inc ($271k) and Greenview Apartments Inc ($271k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $669k against liabilities of $792, net assets of $668k. It reported 21 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.