Society of St Vincent de Paul Council of Upper Pinellas County

Analysis

Society of St Vincent de Paul Council of Upper Pinellas County is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in June 2018, 8 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 Council of Upper Pinellas County reported income of $1.0m and spending of $924k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $684k to $1.0m (+49%), an average of +10% a year. The sharpest change came in the year to September 2021, when income rose by 46%. Over the whole period it spent 99% 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 Council of Upper Pinellas County sits at the 75th percentile: it is larger than about 75% 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 The Samaritan Center Inc ($1.0m), Hope Emergency Program ($1.0m) and Baldwin County Court Referral Officer Program Inc ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 49% of the total. Compensation of current officers, directors and key employees was $76k (8.2% of expenses). Other salaries and wages came to $271k. At year end it held assets of $1.7m against liabilities of $173k, net assets of $1.5m. It reported 19 employees.