St Vincent de Paul Society of North Central Indiana

Analysis

St Vincent de Paul Society of North Central Indiana is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in May 1954, 72 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, St Vincent de Paul Society of North Central Indiana reported income of $1.7m and spending of $1.5m, spending 84% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.7m (+37%), an average of +8.1% a year. The sharpest change came in the year to September 2021, when income rose by 175%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Vincent de Paul Society of North Central Indiana sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include United Against Human Trafficking ($1.7m), Cool Ministries ($1.7m) and Gods Fan Club ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $87k (6.0% of expenses). Other salaries and wages came to $216k. At year end it held assets of $796k against liabilities of $451k, net assets of $345k. It reported 10 employees.