Friends of Joshua House Foundation Inc

Analysis

Friends of Joshua House Foundation Inc is a registered charity in United States, based in Lutz, FL. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of Joshua House Foundation Inc reported income of $1.6m and spending of $954k, leaving 41% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $969k to $1.6m (+68%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 91%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Joshua House Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Caliber Collision Centers Foundation ($1.6m), Minnesota Vikings Foundation ($1.6m) and Universalgiving ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 16% of the total. Other salaries and wages came to $310k. At year end it held assets of $5.3m against liabilities of $1.5m, net assets of $3.8m. It reported 7 employees.