St Josephs Center

Analysis

St Josephs Center is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, St Josephs Center reported income of $39.9m and spending of $38.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $29.8m to $39.9m (+34%), an average of +7.5% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Josephs Center sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Foulkeways at Gwynedd ($39.8m), Forestdale Inc ($39.9m) and House of the Good Shepherd ($39.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $287k (0.7% of expenses). Other salaries and wages came to $21.6m. At year end it held assets of $85.1m against liabilities of $8.5m, net assets of $76.6m. It reported 683 employees.