Des Moines Council of St Vincent de Paul Society

Analysis

Des Moines Council of St Vincent de Paul Society is a registered charity in United States, based in Windsor HTS, IA. It received its IRS tax-exemption ruling in August 2018, 8 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, Des Moines Council of St Vincent de Paul Society reported income of $2.9m and spending of $3.0m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.1m to $2.9m (+37%), an average of +8.2% a year. The sharpest change came in the year to September 2022, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Des Moines Council of St Vincent de Paul Society sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IA. Charities of a similar size with the same main cause include Sports Outreach Institute Inc ($2.8m), New Life Furniture Inc ($2.9m) and Paiges Supervised Community Living Inc ($2.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $125k (4.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $6.8m against liabilities of $3.5m, net assets of $3.2m. It reported 88 employees.