St Vincent Depaul Society of Watertown Inc

Analysis

St Vincent Depaul Society of Watertown Inc is a registered charity in United States, based in Watertown, WI. It received its IRS tax-exemption ruling in February 2007, 19 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 2024, St Vincent Depaul Society of Watertown Inc reported income of $452k and spending of $443k, spending 98% of its income. Across the 6 years on record, from September 2019 to September 2024, income fell from $468k to $452k (-3.4%), an average of -0.7% a year. The sharpest change came in the year to September 2022, when income rose by 26%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Vincent Depaul Society of Watertown Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within WI. Charities of a similar size with the same main cause include Tooth Budds Inc ($452k), Sustainable Futures Project ($452k) and Siena House Maternity Home of Santa Cruz County ($452k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 1.6% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $109k (25% of expenses). Other salaries and wages came to $117k. At year end it held assets of $2.2m against liabilities of $24, net assets of $2.2m. It reported 11 employees.