Saint Vincent de Paul Conference of Our Lady Star of the Sea

Analysis

Saint Vincent de Paul Conference of Our Lady Star of the Sea is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Saint Vincent de Paul Conference of Our Lady Star of the Sea reported income of $2.0m and spending of $2.4m, spending 120% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $2.0m (+7.2%), an average of +1.8% a year. The sharpest change came in the year to September 2021, when income rose by 85%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Saint Vincent de Paul Conference of Our Lady Star of the Sea sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WA. Charities of a similar size with the same main cause include First Amendment Partnership ($2.0m), Talking Bibles International ($2.0m) and Digital Bible Society ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 58% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $87k (3.7% of expenses). Other salaries and wages came to $841k. At year end it held assets of $3.3m against liabilities of $46k, net assets of $3.2m. It reported 40 employees.