St Josephs Villa

Analysis

St Josephs Villa is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in December 2003, 23 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 June 2023, St Josephs Villa reported income of $19.2m and spending of $21.2m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $21.5m to $19.2m (-10%), an average of -2.7% a year. The sharpest change came in the year to June 2022, when income dropped by 20%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Josephs Villa sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Japanese Community Youth Council ($19.2m), Child Care Coordinating Council of San Mateo County Inc ($19.2m) and Second Harvest Foodbank of North Central Ohio ($19.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $928k (4.4% of expenses). Other salaries and wages came to $10.0m. At year end it held assets of $22.4m against liabilities of $1.4m, net assets of $21.0m. It reported 404 employees.