Joey F Casey Memorial Foundation Inc

Analysis

Joey F Casey Memorial Foundation Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 February 2023, Joey F Casey Memorial Foundation Inc reported income of $502k and spending of $524k, spending 104% of its income. Across the 4 years on record, from February 2019 to February 2023, income fell from $524k to $502k (-4.1%), an average of -1.4% a year. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Joey F Casey Memorial Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Historic Paradise Foundation NFP ($502k), Community Foundations National Standards Board ($503k) and Friends in Need Charitable Foundation Inc ($502k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.

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.