Society of St Vincent de Paul Foundation

Analysis

Society of St Vincent de Paul Foundation is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Society of St Vincent de Paul Foundation reported income of $1.9m and spending of $63k, leaving 97% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $202k to $1.9m (+843%), an average of +75% a year. The sharpest change came in the year to September 2022, when income rose by 197%. Over the whole period it spent 6.2% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Society of St Vincent de Paul Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within LA. Charities of a similar size with the same main cause include Motor Racing Outreach ($1.9m), Center for Jewish Life of Hewlett Inc ($1.9m) and Gather Inc ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.8% of the total. At year end it held assets of $9.3m against liabilities of $43k, net assets of $9.2m.