Society of Saint Vincent de Paul Archdiocesan Council of Miami Inc

Analysis

Society of Saint Vincent de Paul Archdiocesan Council of Miami Inc is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in December 2006, 20 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 September 2023, Society of Saint Vincent de Paul Archdiocesan Council of Miami Inc reported income of $16.8m and spending of $17.1m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.2m to $16.8m (+65%), an average of +13% a year. The sharpest change came in the year to September 2020, when income rose by 67%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of Saint Vincent de Paul Archdiocesan Council of Miami Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Great Lakes Behavioral Research Institute ($16.8m), Lapuente Home Incorporated ($16.8m) and Amvets National Service Foundation ($16.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 8.4% of the total. Other salaries and wages came to $52k. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m. It reported 3 employees.