Disaster Services Corporation - Society of St Vincent de Paul USA

Analysis

Disaster Services Corporation - Society of St Vincent de Paul USA is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Disaster Services Corporation - Society of St Vincent de Paul USA reported income of $9.8m and spending of $9.7m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $20.4m to $9.8m (-52%), an average of -17% a year. The sharpest change came in the year to September 2021, when income dropped by 70%. Over the whole period it spent 105% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Disaster Services Corporation - Society of St Vincent de Paul USA sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Multnomah Defenders Inc ($9.6m), California Fire Safe Council Inc ($10.0m) and Skyland Fire and Rescue Corporation ($9.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $777k (8.0% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $2.5m against liabilities of $1.4m, net assets of $1.1m. It reported 54 employees.