Society of St Vincent de Paul Manitowoc Inc

Analysis

Society of St Vincent de Paul Manitowoc Inc is a registered charity in United States, based in Manitowoc, WI. It received its IRS tax-exemption ruling in February 2011, 15 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 de Paul Manitowoc Inc reported income of $755k and spending of $723k, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $562k to $755k (+34%), an average of +7.7% a year. The sharpest change came in the year to September 2021, when income rose by 18%. 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 Manitowoc Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within WI. Charities of a similar size with the same main cause include Youth Moving on ($755k), Orange County Deaf Equal Access Foundation Inc ($755k) and Forward Outreach Foundation ($754k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $139k (19% of expenses). Other salaries and wages came to $194k. At year end it held assets of $1.5m against liabilities of $3,551, net assets of $1.5m. It reported 18 employees.