Society of St Vincent de Paul District Council of Richmond

Analysis

Society of St Vincent de Paul District Council of Richmond is a registered charity in United States, based in Glen Allen, VA. It received its IRS tax-exemption ruling in March 2022, 4 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 District Council of Richmond reported income of $361k and spending of $273k, leaving 24% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $158k to $361k (+129%), an average of +129% a year. The sharpest change came in the year to September 2023, when income rose by 129%. Over the whole period it spent 75% 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 District Council of Richmond sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Childrens Focus Foundation ($361k), Coppers Dream Rescue ($361k) and Hunters for the Hungry a Non Profit Corporation ($361k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $65k (24% of expenses). Other salaries and wages came to $21k. At year end it held assets of $179k against liabilities of $11k, net assets of $167k. It reported 2 employees.