Society of St Vincent de Paul Portland Council

Analysis

Society of St Vincent de Paul Portland Council is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 1937, 89 years ago. The IRS classifies it as a church 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 Portland Council reported income of $11.2m and spending of $11.5m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.1m to $11.2m (+23%), an average of +5.3% a year. The sharpest change came in the year to September 2022, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of St Vincent de Paul Portland Council sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include Clasp Homes Inc ($11.2m), Spring Hill Camps ($11.2m) and Freedom House Recovery Center Inc ($11.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $104k (0.9% of expenses). Other salaries and wages came to $426k. At year end it held assets of $7.3m against liabilities of $154k, net assets of $7.2m. It reported 10 employees.