St Josephs Foundation

Analysis

St Josephs Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Josephs Foundation reported income of $8.7m and spending of $8.8m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.4m to $8.7m (-7.2%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income rose by 279%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Josephs Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include Reformed Presbyterian Womans Assn ($8.7m), Riverside Industries Inc ($8.7m) and Goldie B Floberg Center for Children ($8.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. It paid $5,675 in professional fundraising fees. At year end it held assets of $107.9m against liabilities of $1.4m, net assets of $106.5m.