St Vincent de Paul Store of Houma

Analysis

St Vincent de Paul Store of Houma is a registered charity in United States, based in Houma, LA. It received its IRS tax-exemption ruling in March 1966, 60 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, St Vincent de Paul Store of Houma reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $734k to $1.1m (+54%), an average of +16% a year. The sharpest change came in the year to September 2021, when income rose by 35%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Vincent de Paul Store of Houma sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within LA. Charities of a similar size with the same main cause include J Higdon Potter Educational Foundation Inc ($1.1m), Thunderbolt Council Inc ($1.1m) and Gunn Memorial Library Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $59k (5.2% of expenses). Other salaries and wages came to $219k. At year end it held assets of $516k against liabilities of $9,427, net assets of $507k. It reported 17 employees.