St Vincent Parish Foundation

Analysis

St Vincent Parish Foundation is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in September 1990, 36 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Vincent Parish Foundation reported income of $494k and spending of $148k, leaving 70% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $720k to $494k (-31%), an average of -9.0% a year. The sharpest change came in the year to June 2020, when income dropped by 27%. 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, St Vincent Parish Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include New Hope Opportunities Inc ($494k), Accessvision ($494k) and Byfield Housing for the Elderly Inc ($494k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m.