Society of St Vincent Depaul of Grand Rapids Inc

Analysis

Society of St Vincent Depaul of Grand Rapids Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in April 2008, 18 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 September 2023, Society of St Vincent Depaul of Grand Rapids Inc reported income of $61k and spending of $430k, spending 703% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $353k to $61k (-83%), an average of -36% a year. The sharpest change came in the year to September 2022, when income rose by 125%. Over the whole period it spent 104% 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 Depaul of Grand Rapids Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within MI. Charities of a similar size with the same main cause include Windsor Fair Agricultural Education Inc ($61k), Center for Community Services ($61k) and Caring Connection Inc ($61k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 183% of the total. Other salaries and wages came to $96k. At year end it held assets of $122k against liabilities of $0, net assets of $122k. It reported 5 employees.