St Vincents Episcopal House & Preschool

Analysis

St Vincents Episcopal House & Preschool is a registered charity in United States, based in Galveston, TX. It received its IRS tax-exemption ruling in January 1940, 86 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, St Vincents Episcopal House & Preschool reported income of $3.7m and spending of $3.7m, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.8m to $3.7m (+104%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Vincents Episcopal House & Preschool sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Family Connections Centers ($3.7m), Nashville Food Project Inc ($3.7m) and New Freedom Project ($3.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $149k (4.0% of expenses). Other salaries and wages came to $455k. At year end it held assets of $832k against liabilities of $46k, net assets of $786k. It reported 16 employees.