Society of St Vincent De Paul Council of Louisville Inc

What it reported doing in 2024

Open hand kitchen -st. Vincent de paul louisville operates a community kitchen thatprovides nourishing meals for lunch and dinner at no charge to anyone in need. The open hand kitchen relies on generous donors for food and on volunteers to serve meals. An average of over 7,330 meals were served every month, 87,965 total during the fiscal year ending september 30, 2025.food pantry -st. Vincent de paul louisville operates a food pantry that serves our clients and residents in the surrounding zip code twice a week. Our volunteers run a food bank that allows people to get groceries at no charge. In 2025, our food pantry served an average of 585 households each month, 7,021 total. This helped prevent food insecurity among the elderly and families with young children. The family success center (fsc) -in late 2025, a portion of the fsc was converted into a drop-in-center" providing a safe space for individuals to access computers, light services, and restrooms, coincident with the temporary closure of the main library branch in downtown louisville. The drop-in-center provides coffee, snacks, hygiene supplies, clothing, and assistance with employment and housing searches. St. Vincent de paul homes - svdp council owns 100% of homes through two partnership entities to provide permanent supportive housing for low-income families and individuals. Homes was formed in 2008 and operates a 54-unit apartment complex, including 24 single room occupancy units at waypoint house, 20-two-and-three-bedroom apartments at families east and west, and 10 single bedroom units (singles).

Financial Efficiency

• Mission deployment rate: 66.4%; rating input score 66
• Program expense ratio: 86.7%; rating input score 87
• Fundraising efficiency: $26.89 raised per $1 spent on fundraising; rating input score 64; 64th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 96.2%; rating input score 96; 30th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 24.8%; rating input score 85; 85th percentile among comparable filings
• Total-asset coverage ratio: 2.86; rating input score 73; 73rd percentile among comparable filings
• Liabilities to assets ratio: 0.32; rating input score 45; 45th percentile among comparable filings
• Officer compensation ratio: 2.7%; rating input score 71; 71st percentile among comparable filings

Growth

• Program expense growth: 4.2% per year; rating input score 100; 35th percentile among comparable filings
• Revenue growth: 5.3% per year; rating input score 100; 47th percentile among comparable filings
• Asset growth: 7.8% per year; rating input score 100; 53rd percentile among comparable filings