Saint Joseph Society of Boston

Analysis

Saint Joseph Society of Boston is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Saint Joseph Society of Boston reported income of $57k and spending of $87k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $59k to $57k (-2.7%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 152% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Saint Joseph Society of Boston sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 31st percentile within MA. Charities of a similar size with the same main cause include Tetradapt Community ($57k), Christys Legacy of Hope ($57k) and North Scott Food Pantry ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.

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.