Society of St Vincent de Paul District Council of Fort Myers

Analysis

Society of St Vincent de Paul District Council of Fort Myers is a registered charity in United States, based in Cape Coral, FL. It received its IRS tax-exemption ruling in April 2019, 7 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, Society of St Vincent de Paul District Council of Fort Myers reported income of $2.5m and spending of $1.6m, leaving 34% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $938k to $2.5m (+166%), an average of +28% a year. The sharpest change came in the year to September 2023, when income rose by 101%. Over the whole period it spent 85% 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 Fort Myers sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include The Friendship Foundation ($2.5m), Families Rising ($2.5m) and Christian Relief Services Charities Inc ($2.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $224k. At year end it held assets of $1.6m against liabilities of $7,124, net assets of $1.6m. It reported 16 employees.