Saint Vincent Mission Inc

Analysis

Saint Vincent Mission Inc is a registered charity in United States, based in David, KY. It received its IRS tax-exemption ruling in February 2003, 23 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 December 2023, Saint Vincent Mission Inc reported income of $1.0m and spending of $1.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $475k to $1.0m (+121%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Saint Vincent Mission Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KY. Charities of a similar size with the same main cause include Community Christian Service Agency Inc ($1.0m), Cetera Inc ($1.0m) and Booker T Washington Center Incorporated ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.7% of the total. Other salaries and wages came to $123k. At year end it held assets of $705k against liabilities of $19k, net assets of $686k. It reported 25 employees.