Society of St Vincent de Paul District Council of Waterloo Iowa

Analysis

Society of St Vincent de Paul District Council of Waterloo Iowa is a registered charity in United States, based in Waterloo, IA. It received its IRS tax-exemption ruling in December 2023, 3 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, Society of St Vincent de Paul District Council of Waterloo Iowa reported income of $182k and spending of $169k, spending 93% of its income. Across the 5 years on record, from September 2020 to September 2024, income fell from $354k to $182k (-49%), an average of -15% a year. The sharpest change came in the year to September 2021, when income dropped by 64%. Over the whole period it spent 88% 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 District Council of Waterloo Iowa sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IA. Charities of a similar size with the same main cause include Unlimited Potential Community Development Corporation ($182k), Inspire Family Life Center ($182k) and Blueprints of Hope ($182k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 92% of the total. At year end it held assets of $318k against liabilities of $12k, net assets of $306k.