Josephs House for Women Inc

Analysis

Josephs House for Women Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in August 2013, 13 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 for Women Inc reported income of $2.3m and spending of $1.5m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $915k to $2.3m (+152%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Josephs House for Women Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Vacaville Solano Services Corporation ($2.3m), Northern California Community Housing Corporation ($2.3m) and House of Refuge Sunnyslope Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $114k (7.6% of expenses). Other salaries and wages came to $764k. It paid $68k in professional fundraising fees. At year end it held assets of $3.3m against liabilities of $421k, net assets of $2.9m. It reported 41 employees.