Fort Wayne Society of St Vincent Depaul Inc

Analysis

Fort Wayne Society of St Vincent Depaul Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in May 1955, 71 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, Fort Wayne Society of St Vincent Depaul Inc reported income of $2.7m and spending of $2.3m, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $2.7m (+87%), an average of +17% a year. The sharpest change came in the year to September 2022, when income rose by 57%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fort Wayne Society of St Vincent Depaul Inc sits at the 86th percentile: it is larger than about 86% 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 Vetsintech ($2.7m), Adaptive Sports Connection ($2.7m) and International Institute of Greater Lawrence Inc ($2.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Other salaries and wages came to $325k. It paid $32k in professional fundraising fees. At year end it held assets of $2.9m against liabilities of $58k, net assets of $2.9m. It reported 27 employees.