St Vincent de Paul Housing Facilities Inc

Analysis

St Vincent de Paul Housing Facilities Inc is a registered charity in United States, based in Newark, OH. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, St Vincent de Paul Housing Facilities Inc reported income of $2.2m and spending of $957k, leaving 57% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $371k to $2.2m (+498%), an average of +56% a year. The sharpest change came in the year to September 2023, when income rose by 122%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Vincent de Paul Housing Facilities Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Nebraska Domestic Violence Sexual Assault Coalition ($2.2m), Local Area 1 Workforce Investment Board Inc ($2.2m) and Consortium for Children ($2.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $70k (7.3% of expenses). Other salaries and wages came to $368k. At year end it held assets of $3.5m against liabilities of $37k, net assets of $3.5m. It reported 36 employees.