Society of St Vincent de Paul Georgia Inc

Analysis

Society of St Vincent de Paul Georgia Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2016, 10 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 Georgia Inc reported income of $25.9m and spending of $26.8m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $19.6m to $25.9m (+32%), an average of +7.2% a year. The sharpest change came in the year to September 2021, when income rose by 15%. Over the whole period it spent 92% 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 Georgia Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Bay Human Services Inc ($25.9m), YMCA of the Northern Sky ($25.9m) and Christwood ($25.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $405k (1.5% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $10.3m against liabilities of $3.9m, net assets of $6.5m. It reported 109 employees.