St Vincent Early Learning Center Inc

Analysis

St Vincent Early Learning Center Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Vincent Early Learning Center Inc reported income of $2.8m and spending of $3.9m, spending 139% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.0m to $2.8m (-5.4%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Vincent Early Learning Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Autism Service Center of San Antonio ($2.8m), Family Service Agency of Dekalb County Inc ($2.8m) and Hartford Community Mental Health Center Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $109k (2.8% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.2m against liabilities of $217k, net assets of $3.0m. It reported 66 employees.