St Vincents Day Home

Analysis

St Vincents Day Home is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in January 2015, 11 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 June 2024, St Vincents Day Home reported income of $8.5m and spending of $5.9m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.0m to $8.5m (+70%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Vincents Day Home sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Horizon House of Illinois Valley Inc ($8.5m), HRH Management Corporation ($8.5m) and Alabama State University Foundation Inc ($8.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $429k (7.2% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $27.6m against liabilities of $2.0m, net assets of $25.6m. It reported 64 employees.