St Vincent de Paul Gardens Inc

Analysis

St Vincent de Paul Gardens Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Vincent de Paul Gardens Inc reported income of $1.0m and spending of $1.0m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $813k to $1.0m (+24%), an average of +7.5% a year. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Vincent de Paul Gardens Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include P Ear ($1.0m), 143 Ministries International Inc ($1.0m) and Making It Possible to End Homelessness Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $183k. At year end it held assets of $6.2m against liabilities of $414k, net assets of $5.8m. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.