Society of St Vincent de Paul Roscommon Thrift Store

Analysis

Society of St Vincent de Paul Roscommon Thrift Store is a registered charity in United States, based in Roscommon, MI. It received its IRS tax-exemption ruling in May 2019, 7 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 2024, Society of St Vincent de Paul Roscommon Thrift Store reported income of $303k and spending of $295k, spending 97% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $233k to $303k (+30%), an average of +5.4% a year. The sharpest change came in the year to September 2021, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Society of St Vincent de Paul Roscommon Thrift Store sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Taking It to the Streets ($303k), Cal Fire Benevolent Foundation ($303k) and QG Community Charities Inc ($303k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 12% of the total. Other salaries and wages came to $46k. At year end it held assets of $671k against liabilities of $0, net assets of $671k. It reported 2 employees.