Overview
What is Society Of St Vincent De Paul?
Society of St Vincent de Paul is a compassionate nonprofit organization situated in East Saint Louis, Illinois. With a dedicated workforce of 42 individuals, their primary mission is to foster spiritual growth among its members by engaging in charitable activities. They achieve this by extending a helping hand to the less fortunate and needy, following in the footsteps of their founder, Blessed Frederic. Their Thrift Store serves as a vital resource, catering to over 24,000 individuals in need. The store operates five days a week, offering quality goods at affordable prices or even free of charge through a voucher system. The majority of the items sold are donated, ensuring that the community benefits from generous contributions. By providing essential goods at low or no cost, Society of St Vincent de Paul positively impacts the lives of those who are struggling financially.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
The Society of St Vincent De Paul has earned a Three-Star rating from Charity Navigator, reflecting a solid score of 75%. This rating is based solely on the organization’s accountability and finance practices, indicating good management of its financial resources. A strong accountability score is essential for potential donors, as it signals transparency and responsible stewardship of funds.
One of the significant strengths of the organization includes its governance structure, boasting a fully independent board with no material diversion of assets. Additionally, the charity has implemented essential policies such as conflict of interest and document retention, enhancing its operational integrity. The program expense ratio is impressive at 82.68%, suggesting that a large portion of its funding is directed toward its programs rather than administrative costs.
Despite these strengths, the overall score is primarily based on a singular focus on accountability and finance. While this is important, potential supporters might also consider additional factors such as program effectiveness and community impact, which aren't reflected in this rating. Overall, the Society of St Vincent De Paul demonstrates strong financial health and governance, making it a potentially reliable choice for donors looking to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Society Of St Vincent De Paul legitimate?
Society Of St Vincent De Paul is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society Of St Vincent De Paul submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $371,734
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What is the mission statement of Society Of St Vincent De Paul?
The Society of St Vincent de Paul aims to bring individuals together, encouraging spiritual growth, by offering direct aid to the less fortunate and needy. This is done in line with the tradition set by its founder, Blessed Frederic. Their mission is reflected in their activities, which include operating a thrift store that provides quality goods at affordable or no cost to those in need. A voucher system is utilized for offering free merchandise to those who require it. The thrift store operates five days a week, serving over 24,000 people annually.
Who is the CEO of Society Of St Vincent De Paul?
Joseph Hubbard is the President of Society Of St Vincent De Paul.
What is the revenue of Society Of St Vincent De Paul?
Society Of St Vincent De Paul's revenue in 2022 was $1,388,624.
Who are the executives of Society Of St Vincent De Paul and what are their salaries?
The average compensation at Society Of St Vincent De Paul during 2022 was $8,851. There are 42 employees and 300 volunteers at Society Of St Vincent De Paul.
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Where can I find the form 990 for Society Of St Vincent De Paul?
Society Of St Vincent De Paul's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Society Of St Vincent De Paul
The Society of St. Vincent de Paul is an organization dedicated to inspiring compassionate individuals to unite and serve the underprivileged and suffering. In line with its founder, Blessed Frederic, the Society aims to foster spiritual growth among its members through direct service to those in need. The Society's mission is to bring together men and women, encouraging them to engage in person-to-person assistance, providing aid to the disadvantaged and suffering.
At the heart of the Society's activities is its Thrift Store, which serves over 24,000 individuals. The Store is open five days a week, offering quality goods at affordable prices or even for free through a voucher system, ensuring that low-income individuals can still access essential items. This objective of the Thrift Store aligns with the Society's mission of offering support to the needy and suffering, fulfilling its commitment to its founder's legacy.
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Impact
July, 2024
Society Of St Vincent De Paul leads men and women to join together to grow spiritually by offering person-to-person service to the needy and suffering in the tradition of its founder, Blessed Frederic. In EAST SAINT LOUIS, IL, the Society's Thrift Store serves over 24,000 people, open 5 days a week. The objective is to provide quality goods at low or no cost to the poor, utilizing a voucher system for free merchandise. Most items are donated, ensuring a sustainable cycle of giving within the community. The Society's impact is essential in providing necessary human services and support to those in need.
This information is meant to be a general summary of Society Of St Vincent De Paul. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $52,102
- Gross Receipts: $1,388,624
Assets and Liabilities:
- Total Assets: $3,719,874
- Total Liabilities: $145,204
- Net Assets: $3,574,670
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Organization Details
Founding Year
1917
Phone
(618) 394-0126Principal Officer
Joseph Hubbard
Main Address
PO Box 3415, East Saint Louis, IL, 62203
NTEE Category
Code: P99 - Human services
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