Joshua Fund

Analysis

Joshua Fund is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Joshua Fund reported income of $6.6m and spending of $8.9m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to September 2023, income grew from $5.4m to $6.6m (+21%), an average of +4.8% a year. The sharpest change came in the year to September 2022, when income rose by 61%. Over the whole period it spent 109% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Joshua Fund sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Agudah Camps Inc ($6.5m), Pep Housing ($6.6m) and Training Leaders International ($6.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $236k (2.7% of expenses). Other salaries and wages came to $1.0m. It paid $36k in professional fundraising fees. At year end it held assets of $2.3m against liabilities of $268k, net assets of $2.0m. It reported 17 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.