Society of St Vincent de Paul of Monroe Inc

Analysis

Society of St Vincent de Paul of Monroe Inc is a registered charity in United States, based in Monroe, WI. It received its IRS tax-exemption ruling in February 2009, 17 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 2023, Society of St Vincent de Paul of Monroe Inc reported income of $1.1m and spending of $954k, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $807k to $1.1m (+37%), an average of +8.1% a year. The sharpest change came in the year to September 2021, when income rose by 47%. 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, Society of St Vincent de Paul of Monroe Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within WI. Charities of a similar size with the same main cause include Genesis Program Inc ($1.1m), Families for Children Inc ($1.1m) and Southeast Asian Community Alliance ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.2% of the total. Other salaries and wages came to $609k. At year end it held assets of $2.0m against liabilities of $221k, net assets of $1.8m. It reported 17 employees.