St Vincent de Paul Society of Indian River County Incorporated

Analysis

St Vincent de Paul Society of Indian River County Incorporated is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in October 1984, 42 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 December 2023, St Vincent de Paul Society of Indian River County Incorporated reported income of $552k and spending of $281k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $315k to $552k (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Vincent de Paul Society of Indian River County Incorporated sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Society of St Vincent de Paul St Catherine of Alexandria-Temecula ($552k), East Tennessee Christian Home Inc ($552k) and Journey House Charitable Foundation Inc ($552k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $1.2m against liabilities of $2,300, net assets of $1.2m.