Father Joseph Network USA Inc

Analysis

Father Joseph Network USA Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in February 2021, 5 years ago. 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, Father Joseph Network USA Inc reported income of $64k and spending of $22k, leaving 66% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $6,800 to $64k (+836%), an average of +836% a year. The sharpest change came in the year to December 2023, when income rose by 836%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Father Joseph Network USA Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Theatre Diaspora ($64k), Little League Baseball Inc ($64k) and Bay Area Senior Activity Center Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.