Sisters of St Joseph Charitable Fund Inc

Analysis

Sisters of St Joseph Charitable Fund Inc is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Sisters of St Joseph Charitable Fund Inc reported income of $1.8m and spending of $2.0m, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $1.8m (+6.2%), an average of +1.5% a year. The sharpest change came in the year to June 2024, when income rose by 105%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sisters of St Joseph Charitable Fund Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within WV. Charities of a similar size with the same main cause include National Christian Charitable Foundation Inc ($1.8m), Optimist International Foundation ($1.8m) and Stephens Children Foundation Inc ($1.8m).

Compensation of current officers, directors and key employees was $272k (14% of expenses). Other salaries and wages came to $1,650. At year end it held assets of $24.9m against liabilities of $757k, net assets of $24.1m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.