Marillac St Vincent Ministries Inc

Analysis

Marillac St Vincent Ministries Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Marillac St Vincent Ministries Inc reported income of $1.7m and spending of $1.3m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.7m (+60%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 102%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marillac St Vincent Ministries Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Arcadia Food Inc ($1.7m), Fauquier Community Action Committee Inc ($1.7m) and Enroot Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $35.6m against liabilities of $28.4m, net assets of $7.3m.