Josephs House of Camden

Analysis

Josephs House of Camden is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in June 2012, 14 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Josephs House of Camden reported income of $2.0m and spending of $1.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $2.0m (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Josephs House of Camden sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Varick Homes Housing Dev Fund Inc ($2.0m), Ryhans Center of Hope Inc ($2.0m) and Housing Management & Development Corp ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $4.4m against liabilities of $742k, net assets of $3.7m. It reported 38 employees.