St. Vincent de Paul Louisville
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
St. Vincent de Paul Louisville meets the 20 Standards for Charity Accountability.
Stated Purpose:
St. Vincent de Paul Louisville houses, feeds, and supports those in need with compassion and dignity.
Year, State Incorporated:
1983, KY
St. Vincent de Paul Louisville serves individuals and families in need, including those who are homeless, living in poverty, suffering from addiction, enduring mental illness, or experiencing acute economic crisis. For 170 years, it has been a safe haven for the community where everyone has the opportunity to rebuild their lives with dignity. Its campus is unique in that it is providing a comprehensive set of housing alternatives (emergency shelter, transitional shelter, and permanent supportive housing) along with supportive services such as case work, housing navigation, food, mental health and substance use counseling, support for Veterans, and more. The organization assists people, regardless of race, color, national origin, age, disability, religion, or sex (including pregnancy, sexual orientation, and gender identity), with the goal of helping each person achieve self-sufficiency.
For the year ended September 30, 2023, St. Vincent de Paul Louisville's program expenses were:
| Program services | $8,263,938 |
| Total Program Expenses | $8,263,938 |
Chair of the Board
Mr. Jim Williams
Chair's Profession / Business Affiliation
Social Services (Retired)
Board Size
25
Paid Staff Size
87
Method(s) Used:
Direct mail appeals, Telephone appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Television, Radio, Grant proposals, Internet, Door-to-door appeals, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Appeals via Social Media (Facebook, etc.), Solicitations for Used Cars, Solicitations for Used Clothing
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on St. Vincent de Paul Louisville's audited financial statements - consolidated for the year ended September 30, 2023.
Source of Funds
| Grants | $3,730,926 |
| Contributions and bequests | $2,786,469 |
| In-kind contributions | $2,144,290 |
| Gain on disposal of property and equipment | $604,784 |
| Program fees | $331,147 |
| Net investment return | $256,295 |
| Special events, net | $242,607 |
| Micellaneous | $181,027 |
| Gain on forgiveness of KHC loan | $153,147 |
| Change in beneficial interest in third-party trusts | $134,823 |
| Total Income | $10,565,515 |
Programs: 87% Fundraising: 4% Administrative: 8%
| Total Income | $10,565,515 |
| Total expenses: | $9,450,634 |
| Program expenses | $8,263,938 |
| Fundraising expenses | $386,408 |
| Administrative expenses | $800,288 |
| Other expenses | $0 |
| Income in Excess of Expenses | $1,114,881 |
| Beginning Net Assets | $10,812,420 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $11,927,301 |
| Total Liabilities | $0 |
| Total Assets | $16,656,506 |
Total assets as reported above include $7,539,939 in property and equipment, net.
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
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Review in Progress
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Report completed by:
BBB serving Greater Kentucky and South Central Indiana