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S V D P Management Inc

RegisteredEIN 33-0492304San Diego, CAHousing and shelter
Income$27.2m2023-12
Spending$28.3msame year
Spent / received78%5-year average
Size in its cause99th pctHousing and shelter
Exempt since1995Publicly supported organisat
Employees175latest return

Analysis

S V D P Management Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, S V D P Management Inc reported income of $27.2m and spending of $28.3m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $25.0m to $27.2m (+8.7%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, S V D P Management Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include St Leonard ($27.1m), Dsi Diversified Solutions Inc ($27.3m) and Wellspan Properties Inc ($27.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $644k (2.3% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $135.4m against liabilities of $15.2m, net assets of $120.2m. It reported 175 employees.

Income and spending

$0$12.1m$24.3m$36.4m$48.5m2019 Income: $25,002,9092019 Spending: $29,555,36820192020 Income: $18,522,3492020 Spending: $16,503,13420202021 Income: $29,252,2832021 Spending: $16,532,73320212022 Income: $48,528,0742022 Spending: $25,275,10420222023 Income: $27,175,3532023 Spending: $28,346,5122023
IncomeSpending

Where the income comes from

  • Contributions & grants 23%
  • Program services 52%
  • Other 24%

Similar-sized charities, same cause

CharityLocationIncome
St LeonardCenterville$27.1m
Dsi Diversified Solutions IncColumbus$27.3m
Wellspan Properties IncYork$27.0m
Foss Home & VilliageTacoma$27.4m