Is National Council Of The United States Society Of St Vincent De Pa Legit?

The National Council Of The United States Society Of St Vincent De Pa demonstrates consistent financial activity, with revenues generally exceeding expenses over the past decade. In the latest filing (202309), the organization reported revenues of $10,280,972 against expenses of $8,994,815, indicating a healthy surplus. Their asset base has also shown growth, reaching $13,365,765 in 202309, up from $5,441,731 in 201509, suggesting prudent financial management and accumulation of resources. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a focus on mission over executive pay. Spending efficiency appears robust, given the consistent surpluses and asset growth. While a detailed functional expense breakdown (program, admin, fundraising) is not provided in the summary data, the absence of officer compensation suggests that a significant portion of funds is likely directed towards programmatic activities. The organization's financial health appears stable, with sufficient assets to cover liabilities, as evidenced by a liability of $1,491,852 against assets of $13,365,765 in the latest period. Overall, the National Council Of The United States Society Of St Vincent De Pa exhibits strong financial health and transparency, particularly with its zero reported officer compensation. The consistent growth in assets and generally positive net income trends over the past several years point to a well-managed and financially stable nonprofit.