St Vincent Family Centers

Analysis

St Vincent Family Centers is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, St Vincent Family Centers reported income of $10.2m and spending of $13.1m, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $13.4m to $10.2m (-24%), an average of -6.6% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Vincent Family Centers sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Hospice of Rockingham County Inc ($10.2m), Bellevue Boys & Girls Club ($10.2m) and College Association at Delhi Inc ($10.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $585k (4.5% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $13.4m against liabilities of $4.1m, net assets of $9.3m. It reported 238 employees.