Josephs House And Shelter Inc

Josephs House And Shelter Inc maintains stable operations with consistent revenue and expenses, reporting no officer compensation.

EIN: 141636163 · Troy, NY · NTEE: L41Z · Updated: 2026-03-28

$5.7MRevenue
$5.7MGross Revenue
$7.2MAssets
85/100Mission Score (Excellent)
L41Z

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Josephs House And Shelter Inc Financial Summary
MetricValue
Total Revenue$5.7M
Total Expenses$4.5M
Program Spending85%
CEO/Top Officer Pay$4
Net Assets$5.4M
Transparency Score85/100

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Josephs House And Shelter Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Josephs House And Shelter Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Josephs House And Shelter Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $4.4M and expenses of $4.5M.

Revenue and Expenses

Josephs House And Shelter Inc reported $4.4M in revenue and $4.5M in expenses, a deficit of $36K.

Executive Compensation

Top officer compensation appears as $4 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.

Is Josephs House And Shelter Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Josephs House And Shelter Inc Expense Deployment
Program services$3.8M (85%)

Across stored filings, Josephs House And Shelter Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Josephs House And Shelter Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and Category L context

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Josephs House And Shelter Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Josephs House And Shelter Inc

Josephs House And Shelter Inc (EIN: 141636163) is a nonprofit organization based in Troy, NY, classified under NTEE code L41Z. The organization reported total revenue of $5.7M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Josephs House And Shelter Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

43Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Josephs House And Shelter Inc is a mid-size nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$4.4M
Total Expenses$4.5M
Surplus / Deficit$-35,814
Total Assets$6.5M
Total Liabilities$1.1M
Net Assets$5.4M
Operating Margin-0.8%
Debt-to-Asset Ratio17.1%
Months of Reserves17.3 months

Financial Health Grade: B

In 2023, Josephs House And Shelter Inc reported a deficit of $36K with expenses exceeding revenue, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 17.1% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Josephs House And Shelter Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023-0.4%-9.2%-2.2%
2022+6.8%+11.6%-0.4%
2021+0.0%+1.7%-1.2%
2020+31.5%+30.3%+1.5%
2019+7.8%+11.6%+13.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1983

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Josephs House And Shelter Inc demonstrates consistent financial operations, with revenues generally keeping pace with expenses over the past decade. In the latest filing (202312), the organization reported revenues of $4,444,960 against expenses of $4,480,774, indicating a slight operational deficit. This trend of expenses marginally exceeding revenue is observable in most recent years, suggesting tight financial management or reliance on prior year surpluses/reserves. The organization's assets have shown steady growth, reaching $6,452,968 in 2023, while liabilities remain manageable at $1,102,675, indicating a healthy balance sheet. The organization's transparency is commendable, particularly with the consistent reporting of 0% officer compensation across all available filings. This suggests that the leadership either serves on a volunteer basis or compensation is structured in a way that it's not reported under 'officer compensation' in the standard 990 summary, which warrants further investigation for complete understanding. However, the absence of reported officer compensation is a positive indicator for donor confidence regarding executive pay. Overall, Josephs House And Shelter Inc appears to be a financially stable organization with a consistent operational footprint. While minor annual deficits are noted, the growing asset base and controlled liabilities suggest prudent financial stewardship. The lack of reported officer compensation is a significant positive for transparency and efficiency, though a deeper dive into overall compensation structures would provide a more complete picture of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Josephs House And Shelter Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Josephs House And Shelter Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$4.4MTotal Revenue
$4.5MTotal Expenses
$6.5MTotal Assets
$1.1MTotal Liabilities
$5.4MNet Assets
  • The organization reported a deficit of $36K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 17.1%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available IRS 990 filings, which is highly unusual for an organization of its size with annual expenses exceeding $4 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within the financial statements, requiring further scrutiny for a complete understanding of leadership costs.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Josephs House And Shelter Inc's IRS 990 filings:

  • Consistent small operational deficits, indicating spending slightly more than annual revenue.
  • Unclear executive compensation structure given 0% reported officer compensation for an organization of this size.

Strengths

The following positive indicators were identified for Josephs House And Shelter Inc:

  • Strong and growing asset base, indicating financial stability and capacity.
  • Consistent revenue generation over the past decade, demonstrating stable funding streams.
  • Very low reported officer compensation (0%), suggesting high efficiency or volunteer leadership.
  • Manageable liabilities relative to assets, indicating a healthy balance sheet.

Frequently Asked Questions about Josephs House And Shelter Inc

Is Josephs House And Shelter Inc a legitimate charity?

Josephs House And Shelter Inc (EIN: 141636163) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.7M. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Josephs House And Shelter Inc spend its money?

Josephs House And Shelter Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Josephs House And Shelter Inc tax-deductible?

Josephs House And Shelter Inc is registered as a tax-exempt nonprofit (EIN: 141636163). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Josephs House And Shelter Inc CEO make?

Josephs House And Shelter Inc's highest-compensated officer earns $4 annually. The organization reported $5.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Josephs House And Shelter Inc's spending goes to programs?

Josephs House And Shelter Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Josephs House And Shelter Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Josephs House And Shelter Inc is above average for NTEE category L41Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Josephs House And Shelter Inc located?

Josephs House And Shelter Inc is headquartered in Troy, New York and files with the IRS under EIN 141636163. It is classified under NTEE code L41Z.

How many years of IRS 990 filings does Josephs House And Shelter Inc have?

Josephs House And Shelter Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.7M in total revenue.

How does Josephs House And Shelter Inc manage to operate with 0% reported officer compensation?

The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It suggests either a volunteer executive leadership or that compensation for key management personnel is reported under different categories, such as program or administrative expenses, rather than specifically as 'officer compensation' on the 990 summary. Further detail from the full 990 forms would be needed to clarify this.

What is the trend in the organization's net assets?

The organization's net assets (Assets minus Liabilities) have shown a positive trend. For example, in 2023, net assets were $5,350,293 ($6,452,968 - $1,102,675), up from $5,386,008 in 2022 ($6,598,861 - $1,212,853) and $5,837,914 in 2021 ($6,622,378 - $784,464). While there are minor fluctuations, the overall asset base has grown significantly over the past decade, indicating financial stability.

Is the organization experiencing consistent operational deficits?

Yes, the organization has reported slight operational deficits in most recent years. For instance, in 2023, expenses ($4,480,774) exceeded revenue ($4,444,960) by $35,814. Similar small deficits were observed in 2022 ($474,359), 2021 ($243,834), and previous years. While these are not large deficits relative to total expenses, it indicates that the organization is spending slightly more than it brings in annually, potentially drawing from reserves or prior surpluses.

Filing History

IRS 990 filing history for Josephs House And Shelter Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Josephs House And Shelter Inc's revenue has grown by 37%, moving from $3.2M to $4.4M. Total assets decreased by 2.1% over the same period, from $6.6M to $6.5M. Total functional expenses rose by 104.7%, from $2.2M to $4.5M. In its most recent filing year (2023), Josephs House And Shelter Inc reported a deficit of $36K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $6.5M in assets (debt-to-asset ratio: 17.1%), resulting in net assets of $5.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $4.4M $4.5M $6.5M $1.1M
2022 $4.5M $4.9M $6.6M $1.2M View 990
2021 $4.2M $4.4M $6.6M $784K View 990
2020 $4.2M $4.3M $6.7M $617K
2019 $3.2M $3.3M $6.6M $349K View 990
2018 $2.9M $3.0M $5.8M $195K View 990
2017 $2.7M $2.8M $5.9M $206K View 990
2016 $2.5M $2.7M $5.9M $149K View 990
2015 $2.5M $2.6M $6.1M $149K View 990
2014 $2.5M $2.6M $6.2M $181K View 990
2013 $2.4M $2.5M $6.3M $225K View 990
2012 $2.2M $2.3M $6.5M $228K View 990
2011 $3.2M $2.2M $6.6M $300K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $4.4M, expenses of $4.5M, and assets of $6.5M (revenue -0.4% year-over-year).
  • 2022: Revenue of $4.5M, expenses of $4.9M, and assets of $6.6M (revenue +6.8% year-over-year).
  • 2021: Revenue of $4.2M, expenses of $4.4M, and assets of $6.6M (revenue +0.0% year-over-year).
  • 2020: Revenue of $4.2M, expenses of $4.3M, and assets of $6.7M (revenue +31.5% year-over-year).
  • 2019: Revenue of $3.2M, expenses of $3.3M, and assets of $6.6M (revenue +7.8% year-over-year).
  • 2018: Revenue of $2.9M, expenses of $3.0M, and assets of $5.8M (revenue +10.2% year-over-year).
  • 2017: Revenue of $2.7M, expenses of $2.8M, and assets of $5.9M (revenue +6.8% year-over-year).
  • 2016: Revenue of $2.5M, expenses of $2.7M, and assets of $5.9M (revenue -0.4% year-over-year).
  • 2015: Revenue of $2.5M, expenses of $2.6M, and assets of $6.1M (revenue +-0.0% year-over-year).
  • 2014: Revenue of $2.5M, expenses of $2.6M, and assets of $6.2M (revenue +3.7% year-over-year).
  • 2013: Revenue of $2.4M, expenses of $2.5M, and assets of $6.3M (revenue +7.8% year-over-year).
  • 2012: Revenue of $2.2M, expenses of $2.3M, and assets of $6.5M (revenue -30.7% year-over-year).
  • 2011: Revenue of $3.2M, expenses of $2.2M, and assets of $6.6M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Josephs House And Shelter Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Josephs House And Shelter Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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