Joseph Lacroce Foundation Inc

Analysis

Joseph Lacroce Foundation Inc is a registered charity in United States, based in Haddonfield, NJ. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Lacroce Foundation Inc reported income of $318k and spending of $285k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $318k (+118%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 379%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Joseph Lacroce Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Lila Maes House ($318k), The@walk ($318k) and Children and the Earth ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $947k against liabilities of $0, net assets of $947k.