Billings District Council of the Society of St Vincent de Paul

Analysis

Billings District Council of the Society of St Vincent de Paul is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in August 2019, 7 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 June 2023, Billings District Council of the Society of St Vincent de Paul reported income of $1.1m and spending of $923k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $727k to $1.1m (+51%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Billings District Council of the Society of St Vincent de Paul sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within MT. Charities of a similar size with the same main cause include Hancock County Food Pantry Inc ($1.1m), Assistance League of Mid-Missouri ($1.1m) and Journey to Adult Success ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $79k (8.5% of expenses). Other salaries and wages came to $463k. At year end it held assets of $2.3m against liabilities of $4,586, net assets of $2.3m. It reported 20 employees.