Society of Saint Vincent de Paul Council of Los Angeles

Analysis

Society of Saint Vincent de Paul Council of Los Angeles is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2011, 15 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, Society of Saint Vincent de Paul Council of Los Angeles reported income of $18.2m and spending of $15.6m, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $13.2m to $18.2m (+38%), an average of +8.4% a year. The sharpest change came in the year to September 2021, when income rose by 37%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Society of Saint Vincent de Paul Council of Los Angeles sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Columbia Vantage House Corporation ($18.2m), Young Mens Christian Association of Greensboro Inc ($18.2m) and Restoration Bridge International Inc ($18.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 40% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $2.2m (14% of expenses). Other salaries and wages came to $3.3m. It paid $30k in professional fundraising fees. At year end it held assets of $166.6m against liabilities of $1.2m, net assets of $165.4m. It reported 174 employees.