Joseph Home Inc

Analysis

Joseph Home Inc is a registered charity in United States, based in Pearl River, NY. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Joseph Home Inc reported income of $460k and spending of $570k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $457k to $460k (+0.7%), an average of +0.2% a year. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Joseph Home Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Health and Wellness Foundation Inc ($460k), Pattenburg Rescue Squad Inc ($460k) and Team Chad Inc ($459k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 54% of the total. At year end it held assets of $2.9m against liabilities of $3.2m, net assets of -$314k.

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.