Joseph Center

Analysis

Joseph Center is a registered charity in United States, based in Forest Park, IL. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Joseph Center reported income of $4.3m and spending of $4.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $4.3m (+94%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Joseph Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Neighborhood Club ($4.3m), Cincinnati United Soccer Club ($4.3m) and Team First Foundation ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $229k (5.4% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.9m against liabilities of $283k, net assets of $1.6m. It reported 23 employees.