Society of St Vincent de Paul Sacred Heart Conference Inc

Analysis

Society of St Vincent de Paul Sacred Heart Conference Inc is a registered charity in United States, based in Punta Gorda, FL. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) 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 Sacred Heart Conference Inc reported income of $1.9m and spending of $1.6m, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.9m (+72%), an average of +14% a year. The sharpest change came in the year to September 2020, when income rose by 47%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Society of St Vincent de Paul Sacred Heart Conference Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Plant Based Foods Institute ($1.9m), Boulder County Farmers Market ($1.9m) and Bronx Independent Living Services Inc ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% and program service revenue 12% of the total. At year end it held assets of $3.7m against liabilities of $285k, net assets of $3.4m.