Is Society Of St Vincent De Paul Of Plymouth Inc Legit?
Quick charity verification for Society Of St Vincent De Paul Of Plymouth Inc (EIN: 202699579)
Verdict: Society Of St Vincent De Paul Of Plymouth Inc appears trustworthy
90/100Mission Score
$2.6MRevenue
$7.5MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, with revenue increasing from $1,371,507 in 201409 to $1,983,827 in 202309.
Significant asset growth, more than doubling from $2,548,648 in 201409 to $6,172,602 in 202309.
Zero officer compensation reported across all 13 filings, indicating strong dedication to mission spending.
Positive net income in most recent periods, with revenue exceeding expenses (e.g., $1,983,827 revenue vs. $1,485,503 expenses in 202309).
Effective management of liabilities, showing a decrease from peak levels in recent years.
Spending Breakdown
How Society Of St Vincent De Paul Of Plymouth Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Society Of St Vincent De Paul Of Plymouth Inc
Is Society Of St Vincent De Paul Of Plymouth Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Society Of St Vincent De Paul Of Plymouth Inc (EIN: 202699579) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Society Of St Vincent De Paul Of Plymouth Inc a good charity to donate to?
Society Of St Vincent De Paul Of Plymouth Inc has a Mission Score of 90/100. Revenue: $2.6M. Assets: $7.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Society Of St Vincent De Paul Of Plymouth Inc?
The Employer Identification Number (EIN) for Society Of St Vincent De Paul Of Plymouth Inc is 202699579. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Society Of St Vincent De Paul Of Plymouth Inc spend its money?
Society Of St Vincent De Paul Of Plymouth Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Society Of St Vincent De Paul Of Plymouth Inc's tax-exempt status?
You can verify Society Of St Vincent De Paul Of Plymouth Inc's tax-exempt status using EIN 202699579 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Society Of St Vincent De Paul Of Plymouth Inc demonstrates a generally healthy financial position with consistent revenue growth and increasing assets over the past several years. In the 202309 period, the organization reported revenues of $1,983,827 against expenses of $1,485,503, indicating a surplus that contributes to asset growth. Their assets have steadily increased from $2,548,648 in 201409 to $6,172,602 in 202309, suggesting effective financial management and accumulation of resources. The organization's liabilities have also seen fluctuations, peaking around $2.7 million in 202009, but have since decreased to $2,322,128 in 202309, which is a positive trend. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards their mission rather than executive salaries, enhancing their transparency and public trust. While specific program spending ratios are not detailed in the provided data, the overall financial health appears robust, with a clear capacity to generate revenue and manage expenses effectively.