Society of St Vincent de Paul Racine County Council Inc

Analysis

Society of St Vincent de Paul Racine County Council Inc is a registered charity in United States, based in Racine, WI. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 de Paul Racine County Council Inc reported income of $3.3m and spending of $3.4m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $3.3m (+82%), an average of +16% a year. The sharpest change came in the year to September 2021, when income rose by 34%. Over the whole period it spent 97% 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 Racine County Council Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Al-Furqaan Foundation ($3.2m), Bnei Akiva of Los Angeles ($3.3m) and Ministry Leadership Center ($3.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. At year end it held assets of $1.7m against liabilities of $188k, net assets of $1.5m. It reported 45 employees.