Saint Joseph Village Corporation

Analysis

Saint Joseph Village Corporation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Saint Joseph Village Corporation reported income of $445k and spending of $450k, spending 101% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $417k to $445k (+6.7%), an average of +1.6% a year. The sharpest change came in the year to October 2023, when income rose by 26%. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Saint Joseph Village Corporation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Jersey Counselling and Housing Development Inc ($445k), Laurelwood Senior Housing Corporation ($445k) and Kansas City Community Land Trust ($445k).

On its Form 990 for the period ending October 2023, revenue came from program service revenue 84% of the total. Other salaries and wages came to $123k. At year end it held assets of $1.8m against liabilities of $24k, net assets of $1.8m. It reported 3 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.