Society of St Vincent de Paul Council of Metuchen NJ Inc

Analysis

Society of St Vincent de Paul Council of Metuchen NJ Inc is a registered charity in United States, based in Somerset, NJ. It received its IRS tax-exemption ruling in March 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 (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 Council of Metuchen NJ Inc reported income of $113k and spending of $169k, spending 150% of what it took in. Across the 3 years on record, from September 2019 to September 2023, income grew from $62k to $113k (+80%), an average of +34% a year. The sharpest change came in the year to September 2022, when income rose by 71%. Over the whole period it spent 123% 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 Council of Metuchen NJ Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include Olive Osmond Hearing Fund ($113k), Southmont Foundation Inc ($113k) and Whispering Hope Ranch ($113k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.