St Josephs Center Foundation

Analysis

St Josephs Center Foundation is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in July 1984, 42 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 June 2023, St Josephs Center Foundation reported income of $2.3m and spending of $1.5m, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.4m to $2.3m (-5.0%), an average of -1.3% a year. The sharpest change came in the year to June 2021, when income rose by 89%. Over the whole period it spent 45% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Josephs Center Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include New Jersey State Elks Association Charities Inc ($2.3m), Dallas First Presbyterian Church Developmental Day School ($2.3m) and Oak Crest Residence Association ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% of the total. Other salaries and wages came to $195k. At year end it held assets of $44.5m against liabilities of $110k, net assets of $44.4m.