The Society of St Vincent de Paul of Memphis Inc

Analysis

The Society of St Vincent de Paul of Memphis Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Society of St Vincent de Paul of Memphis Inc reported income of $589k and spending of $574k, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $140k to $589k (+321%), an average of +43% a year. The sharpest change came in the year to September 2020, when income rose by 320%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Society of St Vincent de Paul of Memphis Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within TN. Charities of a similar size with the same main cause include York Community Foundation ($588k), Lost River Booster Club ($590k) and TR Uw Otto Luedeking ($588k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $10k. At year end it held assets of $1.1m against liabilities of $3,075, net assets of $1.1m. It reported 1 employees.