Cup of Joy Inc

Analysis

Cup of Joy Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cup of Joy Inc reported income of $194k and spending of $205k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $243k to $194k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cup of Joy Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within GA. Charities of a similar size with the same main cause include Mongolian Meta-Mission Inc ($194k), Life and Light Armenian Church Ministries Inc ($194k) and Revive Alaska Community Services ($194k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 33% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.