St Josephs Home

St Josephs Home consistently generates surpluses and reports no officer compensation.

EIN: 150532217 · Ogdensburg, NY · Updated: 2026-03-28

$7.7MRevenue
$15.9MAssets
90/100Mission Score (Excellent)
St Josephs Home Financial Summary
MetricValue
Total Revenue$7.7M
Total Expenses$7.3M
Program Spending85%
CEO/Top Officer Pay$7
Net Assets$9.3M
Transparency Score90/100

Is St Josephs Home Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

St Josephs Home directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About St Josephs Home

St Josephs Home (EIN: 150532217) is a nonprofit organization based in Ogdensburg, NY. The organization reported total revenue of $7.7M and total assets of $15.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Josephs Home's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

80Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

St Josephs Home is a mid-size nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$7.6M
Total Expenses$7.3M
Surplus / Deficit+$219K
Total Assets$15.7M
Total Liabilities$6.4M
Net Assets$9.3M
Operating Margin2.9%
Debt-to-Asset Ratio40.7%
Months of Reserves25.6 months

Financial Health Grade: A

In 2023, St Josephs Home reported a surplus of $219K with revenue exceeding expenses, holds 25.6 months of operating reserves (strong position), has a debt-to-asset ratio of 40.7% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), St Josephs Home's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+4.6%+3.4%-1.1%
2022-8.4%+3.2%-3.2%
2021+2.1%+1.3%+3.0%
2020+7.5%+6.2%+8.8%
2019+6.1%+1.1%+5.5%

IRS Tax-Exempt Classification

IRS Classification Codes1700
IRS Ruling Date1946

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

AI Transparency Report

St Josephs Home demonstrates consistent financial health with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $7,555,892 against expenses of $7,337,034, indicating a surplus. The organization's assets have also shown steady growth, increasing from $12,823,978 in 2014 to $15,658,006 in 2023, suggesting prudent financial management and accumulation of resources. Liabilities have seen a positive trend, decreasing from $9,441,225 in 2014 to $6,372,381 in 2023, which improves the organization's financial stability. The organization's spending efficiency appears strong, as evidenced by the consistent surpluses. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests that expenses are well-managed relative to revenue. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. Overall, St Josephs Home exhibits a healthy financial trajectory with growing assets, decreasing liabilities, and consistent revenue generation. The lack of reported officer compensation is a notable strength in terms of transparency and resource allocation. Further analysis of detailed expense categories would provide a more granular understanding of spending efficiency, but the available data points to a well-managed and financially stable nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates St Josephs Home with a Mission Score of 90 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, St Josephs Home 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:

$7.6MTotal Revenue
$7.3MTotal Expenses
$15.7MTotal Assets
$6.4MTotal Liabilities
$9.3MNet Assets
  • The organization reported a surplus of $219K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 40.7%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with annual revenues exceeding $7 million.

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 St Josephs Home's IRS 990 filings:

  • Unusually low or zero reported officer compensation for an organization of this size, which might indicate compensation is reported under other expense categories or through related entities not immediately visible in this summary data.

Strengths

The following positive indicators were identified for St Josephs Home:

  • Consistent financial surpluses, with revenue exceeding expenses in all reported periods (e.g., $7,555,892 revenue vs. $7,337,034 expenses in 2023).
  • Growing asset base, increasing from $12,823,978 in 2014 to $15,658,006 in 2023.
  • Significant reduction in liabilities, from $9,441,225 in 2014 to $6,372,381 in 2023, improving financial stability.
  • Reported 0% officer compensation across all filings, suggesting a strong commitment to directing funds to programs.

Frequently Asked Questions about St Josephs Home

Is St Josephs Home a legitimate charity?

St Josephs Home (EIN: 150532217) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.7M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does St Josephs Home spend its money?

St Josephs Home directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to St Josephs Home tax-deductible?

St Josephs Home is registered as a tax-exempt nonprofit (EIN: 150532217). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the St Josephs Home CEO make?

St Josephs Home's highest-compensated officer earns $7 annually. The organization reported $7.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of St Josephs Home's spending goes to programs?

St Josephs Home directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is St Josephs Home located?

St Josephs Home is headquartered in Ogdensburg, New York and files with the IRS under EIN 150532217.

How many years of IRS 990 filings does St Josephs Home have?

St Josephs Home 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 $7.7M in total revenue.

Is St Josephs Home a good charity?

Based on the available financial data, St Josephs Home appears to be a financially sound and well-managed charity. It consistently generates surpluses, has growing assets, and decreasing liabilities. The reported 0% officer compensation is a strong positive indicator of resource allocation towards its mission.

How has St Josephs Home's financial health changed over the last decade?

Over the last decade, St Josephs Home has shown consistent financial growth and stability. Revenues have generally increased, assets have grown from $12,823,978 in 2014 to $15,658,006 in 2023, and liabilities have significantly decreased from $9,441,225 to $6,372,381, indicating improved financial health.

What is the trend in St Josephs Home's revenue and expenses?

St Josephs Home has generally seen an upward trend in both revenue and expenses, with revenue consistently exceeding expenses. For example, in 2023, revenue was $7,555,892 and expenses were $7,337,034, continuing a pattern of generating a surplus.

Filing History

IRS 990 filing history for St Josephs Home showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), St Josephs Home's revenue has grown by 19.1%, moving from $6.3M to $7.6M. Total assets increased by 33.9% over the same period, from $11.7M to $15.7M. Total functional expenses rose by 19.7%, from $6.1M to $7.3M. In its most recent filing year (2023), St Josephs Home reported a surplus of $219K, with revenue exceeding expenses. The organization holds $6.4M in liabilities against $15.7M in assets (debt-to-asset ratio: 40.7%), resulting in net assets of $9.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $7.6M $7.3M $15.7M $6.4M View 990
2022 $7.2M $7.1M $15.8M $6.9M View 990
2021 $7.9M $6.9M $16.4M $7.4M View 990
2020 $7.7M $6.8M $15.9M $8.2M View 990
2019 $7.2M $6.4M $14.6M $8.0M View 990
2018 $6.8M $6.3M $13.8M $8.3M View 990
2017 $6.5M $6.1M $13.7M $8.6M View 990
2016 $7.0M $6.0M $13.6M $9.0M View 990
2015 $6.0M $6.0M $12.7M $9.3M View 990
2014 $6.1M $6.0M $12.8M $9.4M View 990
2013 $6.4M $5.9M $13.0M $9.9M View 990
2012 $6.0M $6.0M $12.2M $9.7M View 990
2011 $6.3M $6.1M $11.7M $9.5M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $7.6M, expenses of $7.3M, and assets of $15.7M (revenue +4.6% year-over-year).
  • 2022: Revenue of $7.2M, expenses of $7.1M, and assets of $15.8M (revenue -8.4% year-over-year).
  • 2021: Revenue of $7.9M, expenses of $6.9M, and assets of $16.4M (revenue +2.1% year-over-year).
  • 2020: Revenue of $7.7M, expenses of $6.8M, and assets of $15.9M (revenue +7.5% year-over-year).
  • 2019: Revenue of $7.2M, expenses of $6.4M, and assets of $14.6M (revenue +6.1% year-over-year).
  • 2018: Revenue of $6.8M, expenses of $6.3M, and assets of $13.8M (revenue +4.5% year-over-year).
  • 2017: Revenue of $6.5M, expenses of $6.1M, and assets of $13.7M (revenue -7.8% year-over-year).
  • 2016: Revenue of $7.0M, expenses of $6.0M, and assets of $13.6M (revenue +17.3% year-over-year).
  • 2015: Revenue of $6.0M, expenses of $6.0M, and assets of $12.7M (revenue -1.2% year-over-year).
  • 2014: Revenue of $6.1M, expenses of $6.0M, and assets of $12.8M (revenue -5.5% year-over-year).
  • 2013: Revenue of $6.4M, expenses of $5.9M, and assets of $13.0M (revenue +6.1% year-over-year).
  • 2012: Revenue of $6.0M, expenses of $6.0M, and assets of $12.2M (revenue -4.7% year-over-year).
  • 2011: Revenue of $6.3M, expenses of $6.1M, and assets of $11.7M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for St Josephs Home:

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 St Josephs Home 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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