St Vincent de Paul Society of Lake Mills

Analysis

St Vincent de Paul Society of Lake Mills is a registered charity in United States, based in Lake Mills, WI. It received its IRS tax-exemption ruling in May 2017, 9 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, St Vincent de Paul Society of Lake Mills reported income of $1.2m and spending of $936k, leaving 24% of income unspent that year. Across the 5 years on record, from September 2020 to September 2024, income grew from $663k to $1.2m (+87%), an average of +17% a year. The sharpest change came in the year to September 2021, when income rose by 42%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Vincent de Paul Society of Lake Mills sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WI. Charities of a similar size with the same main cause include Advocates for Access ($1.2m), Northside Youth and Senior Service Center Inc ($1.2m) and Thomas Edison Center ($1.2m).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 3.2% and program service revenue 92% of the total. Other salaries and wages came to $452k. At year end it held assets of $2.4m against liabilities of -$2,002, net assets of $2.4m. It reported 39 employees.