Josephs House Inc Financial Office

Analysis

Josephs House Inc Financial Office is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Josephs House Inc Financial Office reported income of $1.7m and spending of $1.4m, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.6m to $1.7m (+5.2%), an average of +1.3% a year. The sharpest change came in the year to September 2023, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Josephs House Inc Financial Office sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 64th percentile within DC. Charities of a similar size with the same main cause include Victory Health Partners Inc ($1.7m), Peninsula Family Connections ($1.7m) and Kaleida Health Foundation ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $106k (7.6% of expenses). Other salaries and wages came to $700k. At year end it held assets of $1.6m against liabilities of $221k, net assets of $1.4m. It reported 24 employees.