The Joseph Fund Inc

Analysis

The Joseph Fund Inc is a registered charity in United States, based in Mullica Hill, NJ. It received its IRS tax-exemption ruling in June 2016, 10 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 December 2023, The Joseph Fund Inc reported income of $350k and spending of $410k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $546k to $350k (-36%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Joseph Fund Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include United Way of Wise County ($350k), Wanderer Family Foundation ($350k) and Friends of the Washington County Childrens Justice Center ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $717k against liabilities of $11k, net assets of $706k.