Saint Josephs Carpenter Society

Analysis

Saint Josephs Carpenter Society is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in May 1988, 38 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Josephs Carpenter Society reported income of $6.5m and spending of $5.5m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $6.5m (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Saint Josephs Carpenter Society sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Eastern West Virginia Community Action Agency Inc ($6.5m), Interfaith Sanctuary Housingservices Inc ($6.5m) and Downtown Jimmie Hale Mission ($6.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $347k (6.3% of expenses). Other salaries and wages came to $842k. At year end it held assets of $13.4m against liabilities of $8.4m, net assets of $5.1m. It reported 20 employees.