St Vincents Foundation of Alabama Inc

Analysis

St Vincents Foundation of Alabama Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 June 2023, St Vincents Foundation of Alabama Inc reported income of $2.3m and spending of $4.2m, spending 180% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.9m to $2.3m (-52%), an average of -17% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Vincents Foundation of Alabama Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 91st percentile within AL. Charities of a similar size with the same main cause include Urban League of San Diego County ($2.3m), Bergen Beach Youth Organization Inc ($2.3m) and Mid-York Library System ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 13% of the total. At year end it held assets of $29.4m against liabilities of $1.9m, net assets of $27.5m.