St Joseph Housing Corporation

Analysis

St Joseph Housing Corporation is a registered charity in United States, based in Flourtown, PA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, St Joseph Housing Corporation reported income of $977k and spending of $1.0m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $976k to $977k (+0.1%), an average of +0.0% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Joseph Housing Corporation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include International Neuropsychological ($977k), Nowata Garden Apartments of Chickasha Oklahoma Inc ($977k) and Mascot Miracle Foundation Inc ($977k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $184k. At year end it held assets of $2.9m against liabilities of $4.1m, net assets of -$1.3m. It reported 2 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.