St Josephs Foundation Inc

Analysis

St Josephs Foundation Inc is a registered charity in United States, based in Ogdensburg, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Josephs Foundation Inc reported income of $110k and spending of $23k, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $234k to $110k (-53%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 56%. Over the whole period it spent 14% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Josephs Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Urban League of Rochester Economic Development Corporation ($110k), Whitefish Community Center Inc ($110k) and Grand Ledge Area Youth Football Inc ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $2.7m against liabilities of $203, net assets of $2.7m.