The Society of St Vincent de Paul of Sioux Falls South Dakota

Analysis

The Society of St Vincent de Paul of Sioux Falls South Dakota is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in January 2010, 16 years ago. 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, The Society of St Vincent de Paul of Sioux Falls South Dakota reported income of $1.6m and spending of $1.2m, leaving 27% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $950k to $1.6m (+66%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 37%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Society of St Vincent de Paul of Sioux Falls South Dakota sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within SD. Charities of a similar size with the same main cause include Prader-Willi Syndrome Association ($1.6m), Hannibal Reional Foundation ($1.6m) and Catholic Charities of Corpus Christi Inc ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $506k. At year end it held assets of $2.5m against liabilities of $442k, net assets of $2.1m. It reported 21 employees.