Quick charity verification for St Vincents Services Inc (EIN: 111631823)
Verdict: St Vincents Services Inc appears trustworthy
75/100Mission Score
$66.6MRevenue
$60.8MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation for transparency.
Liabilities frequently exceed assets in several filing periods, indicating potential reliance on debt or specific fund structures that could impact long-term financial flexibility.
Strengths
Significant and consistent revenue generation, with latest revenue at $66,565,602, demonstrating strong operational capacity and funding support.
Long history of IRS 990 filings (13 filings), indicating established operations and compliance.
Stable growth in assets over the past decade, from $16,359,013 in 2014 to $51,367,797 in 2023, reflecting increasing organizational capacity.
High volume of expenses closely matching revenues suggests efficient deployment of funds towards its mission.
Spending Breakdown
How St Vincents Services 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 St Vincents Services Inc
Is St Vincents Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Vincents Services Inc (EIN: 111631823) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is St Vincents Services Inc a good charity to donate to?
St Vincents Services Inc has a Mission Score of 75/100. Revenue: $66.6M. Assets: $60.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for St Vincents Services Inc?
The Employer Identification Number (EIN) for St Vincents Services Inc is 111631823. 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 St Vincents Services Inc spend its money?
St Vincents Services Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify St Vincents Services Inc's tax-exempt status?
You can verify St Vincents Services Inc's tax-exempt status using EIN 111631823 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
St Vincents Services Inc demonstrates consistent financial activity, with revenues and expenses generally increasing over the past decade. In the latest filing (202306), the organization reported revenues of $65,096,045 against expenses of $65,357,799, indicating a slight operational deficit. This trend of expenses closely matching or slightly exceeding revenue is common across several years, suggesting tight financial management or reliance on prior period surpluses/reserves. The organization's assets have shown growth, reaching $51,367,797 in 2023, though liabilities have also been substantial, often exceeding assets in earlier periods, which could indicate reliance on debt or restricted funds.
The spending efficiency appears to be focused on program delivery, as is typical for a social services organization (NTEE P320). Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise efficiency ratio cannot be calculated. However, the consistent operational scale suggests a stable commitment to its mission. The reported 0% officer compensation across all filings is a significant indicator of either volunteer leadership or compensation being reported under other expense categories, which warrants further investigation for complete transparency. If truly 0%, it would represent an exceptionally lean administrative structure at the executive level.
Overall, St Vincents Services Inc appears to be a large, established organization with a significant operational footprint in Brooklyn, NY. Its financial health is characterized by high revenue and expense volumes, with a generally balanced budget year-to-year. The lack of reported officer compensation is a notable point for transparency, potentially indicating strong volunteer leadership or a reporting nuance. Further detailed expense breakdowns would be necessary to fully assess spending efficiency and the allocation of funds across programs, administration, and fundraising.