Diocese of Colorado Springs Society of St Vincent de Paul

Analysis

Diocese of Colorado Springs Society of St Vincent de Paul is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Diocese of Colorado Springs Society of St Vincent de Paul reported income of $592k and spending of $644k, spending 109% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income grew from $475k to $592k (+25%), an average of +12% a year. The sharpest change came in the year to September 2023, when income rose by 34%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Diocese of Colorado Springs Society of St Vincent de Paul sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Gond Community Church ($592k), Matthias Media Ministries ($592k) and Wakefield Food Pantry Inc ($592k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.