St Vincent De Paul Residence
St Vincent De Paul Residence consistently operates at a deficit, with liabilities often exceeding assets.
EIN: 133598842 · Bronx, NY · NTEE: E910 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.4M |
| Total Expenses | $23.4M |
| Program Spending | 75% |
| Net Assets | $-1,856,378 |
| Transparency Score | 60/100 |
Is St Vincent De Paul Residence Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Vincent De Paul Residence directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Vincent De Paul Residence
St Vincent De Paul Residence (EIN: 133598842) is a nonprofit organization based in Bronx, NY, classified under NTEE code E910. The organization reported total revenue of $16.4M and total assets of $12.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Vincent De Paul Residence's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Vincent De Paul Residence is a large nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20.7M |
| Total Expenses | $23.4M |
| Surplus / Deficit | $-2,695,694 |
| Total Assets | $14.2M |
| Total Liabilities | $16.1M |
| Net Assets | $-1,856,378 |
| Operating Margin | -13.0% |
| Debt-to-Asset Ratio | 113.1% |
| Months of Reserves | 7.3 months |
Financial Health Grade: C
In 2023, St Vincent De Paul Residence reported a deficit of $2.7M with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 113.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Vincent De Paul Residence's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.5% | -2.0% | -4.3% |
| 2022 | +20.8% | +14.6% | +6.8% |
| 2021 | -1.1% | +1.1% | -4.6% |
| 2020 | -2.9% | +7.7% | +5.3% |
| 2019 | -0.3% | +4.6% | +-0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates St Vincent De Paul Residence with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, St Vincent De Paul Residence allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 113.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer executive leadership or that executive compensation is categorized under other expense lines, which could obscure the true cost of leadership.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of St Vincent De Paul Residence's IRS 990 filings:
- Consistent operational deficits (e.g., $2,695,694 in 2023)
- Liabilities frequently exceed assets (e.g., $16,064,581 liabilities vs. $14,208,203 assets in 2023)
- No reported officer compensation, which could indicate a lack of transparency regarding leadership costs if compensation is simply reclassified.
Strengths
The following positive indicators were identified for St Vincent De Paul Residence:
- Consistent filing of IRS Form 990s over 13 periods, indicating compliance with reporting requirements.
- Substantial asset base, with $14,208,203 in assets in 2023, providing some financial stability despite liabilities.
Frequently Asked Questions about St Vincent De Paul Residence
Is St Vincent De Paul Residence a legitimate charity?
St Vincent De Paul Residence (EIN: 133598842) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 60/100. It has 13 years of IRS 990 filings on record. Total revenue: $16.4M. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does St Vincent De Paul Residence spend its money?
St Vincent De Paul Residence directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to St Vincent De Paul Residence tax-deductible?
St Vincent De Paul Residence is registered as a tax-exempt nonprofit (EIN: 133598842). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of St Vincent De Paul Residence's spending goes to programs?
St Vincent De Paul Residence directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Vincent De Paul Residence compare to similar nonprofits?
With a transparency score of 60/100 (Good), St Vincent De Paul Residence is above average for NTEE category E910 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Vincent De Paul Residence located?
St Vincent De Paul Residence is headquartered in Bronx, New York and files with the IRS under EIN 133598842. It is classified under NTEE code E910.
How many years of IRS 990 filings does St Vincent De Paul Residence have?
St Vincent De Paul Residence has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $16.4M in total revenue.
Is St Vincent De Paul Residence financially sustainable given its consistent operational deficits?
The organization has consistently reported expenses exceeding revenue for many years (e.g., $23,423,301 expenses vs. $20,727,607 revenue in 2023), raising concerns about its long-term financial sustainability without clear alternative funding sources or strategies to address these shortfalls.
What is the nature of the high liabilities reported by the organization?
In 2023, liabilities were $16,064,581, exceeding assets of $14,208,203. The specific nature of these liabilities (e.g., mortgages, program-related debt, operational debt) is not detailed in the provided data, making it difficult to assess the associated financial risk.
How does St Vincent De Paul Residence cover its operational deficits?
With consistent deficits, such as the $2,695,694 deficit in 2023 ($23,423,301 expenses - $20,727,607 revenue), the organization must be drawing from reserves, receiving non-operating income, or incurring debt to cover these shortfalls, which is not explicitly detailed in the summary data.
Filing History
IRS 990 filing history for St Vincent De Paul Residence showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Vincent De Paul Residence's revenue has grown by 23%, moving from $16.9M to $20.7M. Total assets increased by 18.4% over the same period, from $12.0M to $14.2M. Total functional expenses rose by 30.8%, from $17.9M to $23.4M. In its most recent filing year (2023), St Vincent De Paul Residence reported a deficit of $2.7M, with expenses exceeding revenue. The organization holds $16.1M in liabilities against $14.2M in assets (debt-to-asset ratio: 113.1%), resulting in net assets of $-1,856,378.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20.7M | $23.4M | $14.2M | $16.1M | — | — |
| 2022 | $21.0M | $23.9M | $14.8M | $18.5M | — | View 990 |
| 2021 | $17.4M | $20.9M | $13.9M | $15.2M | — | View 990 |
| 2020 | $17.6M | $20.6M | $14.6M | $12.4M | — | View 990 |
| 2019 | $18.1M | $19.2M | $13.8M | $9.2M | — | View 990 |
| 2018 | $18.2M | $18.3M | $13.8M | $8.7M | — | View 990 |
| 2017 | $17.6M | $17.9M | $12.8M | $8.0M | — | View 990 |
| 2016 | $16.1M | $17.5M | $11.8M | $8.2M | — | View 990 |
| 2015 | $18.8M | $16.3M | $15.0M | $10.9M | — | View 990 |
| 2014 | $15.3M | $16.1M | $12.8M | $11.8M | — | View 990 |
| 2013 | $15.5M | $16.0M | $12.5M | $12.1M | — | View 990 |
| 2012 | $13.1M | $15.8M | $10.3M | $10.0M | — | View 990 |
| 2011 | $16.9M | $17.9M | $12.0M | $9.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20.7M, expenses of $23.4M, and assets of $14.2M (revenue -1.5% year-over-year).
- 2022: Revenue of $21.0M, expenses of $23.9M, and assets of $14.8M (revenue +20.8% year-over-year).
- 2021: Revenue of $17.4M, expenses of $20.9M, and assets of $13.9M (revenue -1.1% year-over-year).
- 2020: Revenue of $17.6M, expenses of $20.6M, and assets of $14.6M (revenue -2.9% year-over-year).
- 2019: Revenue of $18.1M, expenses of $19.2M, and assets of $13.8M (revenue -0.3% year-over-year).
- 2018: Revenue of $18.2M, expenses of $18.3M, and assets of $13.8M (revenue +3.3% year-over-year).
- 2017: Revenue of $17.6M, expenses of $17.9M, and assets of $12.8M (revenue +9.3% year-over-year).
- 2016: Revenue of $16.1M, expenses of $17.5M, and assets of $11.8M (revenue -14.2% year-over-year).
- 2015: Revenue of $18.8M, expenses of $16.3M, and assets of $15.0M (revenue +23.1% year-over-year).
- 2014: Revenue of $15.3M, expenses of $16.1M, and assets of $12.8M (revenue -1.4% year-over-year).
- 2013: Revenue of $15.5M, expenses of $16.0M, and assets of $12.5M (revenue +18.4% year-over-year).
- 2012: Revenue of $13.1M, expenses of $15.8M, and assets of $10.3M (revenue -22.4% year-over-year).
- 2011: Revenue of $16.9M, expenses of $17.9M, and assets of $12.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Vincent De Paul Residence:
Data Sources and Methodology
This transparency report for St Vincent De Paul Residence is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.