St Joseph the Worker

Analysis

St Joseph the Worker is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, St Joseph the Worker reported income of $5.9m and spending of $6.2m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $5.9m (+238%), an average of +36% a year. The sharpest change came in the year to June 2022, when income rose by 83%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Joseph the Worker sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within AZ. Charities of a similar size with the same main cause include Bishopric of Public Ecumenical and Social Services-Usa Inc ($5.9m), St Francis Home ($5.9m) and Honolulu Marathon Association ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $146k (2.4% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.1m against liabilities of $798k, net assets of $1.3m. It reported 54 employees.