St Josephs Home

Analysis

St Josephs Home is a registered charity in United States, based in Ogdensburg, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Josephs Home reported income of $7.6m and spending of $7.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.2m to $7.6m (+5.2%), an average of +1.3% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Josephs Home sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Special Childrens Charities ($7.6m), Community Christian School Inc ($7.6m) and National Disability Rights Network Inc ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.8% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $174k (2.4% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $15.7m against liabilities of $6.4m, net assets of $9.3m. It reported 137 employees.