Particular Council of Tacoma Society of Saint Vincent de Paul

Analysis

Particular Council of Tacoma Society of Saint Vincent de Paul is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. 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, Particular Council of Tacoma Society of Saint Vincent de Paul reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.9m to $1.2m (-39%), an average of -12% a year. The sharpest change came in the year to September 2023, when income dropped by 30%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Particular Council of Tacoma Society of Saint Vincent de Paul sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Nami Western Nevada ($1.2m), Rowan County United Way Inc ($1.2m) and Jamaica Plain Vamc Child Care Center Inc ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 53% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $108k (9.2% of expenses). Other salaries and wages came to $494k. At year end it held assets of $1.0m against liabilities of $150k, net assets of $884k. It reported 35 employees.