St Vincent Senior Citizen Nutrition Program Inc

Analysis

St Vincent Senior Citizen Nutrition Program Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Vincent Senior Citizen Nutrition Program Inc reported income of $7.4m and spending of $9.3m, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.5m to $7.4m (-35%), an average of -10% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. 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 Vincent Senior Citizen Nutrition Program Inc sits at the 94th 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 94th percentile within CA. Charities of a similar size with the same main cause include Bay Area Rehabilitation Center ($7.4m), Illinois Policy Institute ($7.4m) and Los Encinos School ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $272k (2.9% of expenses). Other salaries and wages came to $3.7m. It paid $246k in professional fundraising fees. At year end it held assets of $35.2m against liabilities of $3.5m, net assets of $31.7m. It reported 87 employees.