St Vincent de Paul Society

Analysis

St Vincent de Paul Society is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in January 2009, 17 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 September 2023, St Vincent de Paul Society reported income of $6.3m and spending of $7.7m, spending 122% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income grew from $5.2m to $6.3m (+22%), an average of +6.8% a year. The sharpest change came in the year to September 2021, when income rose by 50%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Vincent de Paul Society sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Atlantic City Rescue Mission Inc ($6.3m), Cen-Tex Family Services Inc ($6.3m) and City Help Inc of Phoenix ($6.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $274k (3.5% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $11.8m against liabilities of $704k, net assets of $11.1m. It reported 57 employees.