Josephs Resource Company

Analysis

Josephs Resource Company is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Josephs Resource Company reported income of $110k and spending of $5,820, leaving 95% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $110k (+71%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 2843%. Over the whole period it spent 138% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Josephs Resource Company sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within CO. Charities of a similar size with the same main cause include Phil Glisson Ministries Inc ($110k), San Antonio Di Padova Da Moutefalcione Inc ($110k) and Christs Center Church Inc ($110k).

At year end it held assets of $499k against liabilities of $0, net assets of $499k.