Joes Place Corporation

Analysis

Joes Place Corporation is a registered charity in United States, based in St Louis, MO. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Joes Place Corporation reported income of $154k and spending of $133k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $154k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Joes Place Corporation sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within MO. Charities of a similar size with the same main cause include Source Course Inc ($154k), Anafiel House ($155k) and Golden Valley Electric Foundation Inc ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. At year end it held assets of $162k against liabilities of $0, net assets of $162k.