Society of St Vincent de Paul Archdiocese of Galveston-Houston

Analysis

Society of St Vincent de Paul Archdiocese of Galveston-Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2011, 15 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 St Vincent de Paul Archdiocese of Galveston-Houston reported income of $16.3m and spending of $15.8m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $12.8m to $16.3m (+27%), an average of +6.1% a year. The sharpest change came in the year to September 2020, when income rose by 41%. 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 St Vincent de Paul Archdiocese of Galveston-Houston 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 TX. Charities of a similar size with the same main cause include Caribbean University ($16.2m), American Civil Liberties Union Foundation of Northern California ($16.3m) and Rubicon Programs Inc ($16.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $246k (1.6% of expenses). Other salaries and wages came to $1.1m. It paid $144k in professional fundraising fees. At year end it held assets of $7.4m against liabilities of $546k, net assets of $6.8m. It reported 37 employees.