Society of St Vincent de Paul Our Lady of the Lake Conference

Analysis

Society of St Vincent de Paul Our Lady of the Lake Conference is a registered charity in United States, based in Prudenville, MI. It received its IRS tax-exemption ruling in April 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 Our Lady of the Lake Conference reported income of $579k and spending of $541k, spending 93% of its income. Across the 5 years on record, from September 2020 to September 2024, income grew from $213k to $579k (+172%), an average of +28% a year. The sharpest change came in the year to September 2022, when income rose by 46%. Over the whole period it spent 91% 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 Our Lady of the Lake Conference sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Pennington Adult Living Services ($579k), Miracle Mission International Outreach Inc ($579k) and Every Child Lane County ($579k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 25% of the total. Other salaries and wages came to $277k. At year end it held assets of $997k against liabilities of $168k, net assets of $829k. It reported 14 employees.