Joan Dancy and Pals Inc

Analysis

Joan Dancy and Pals Inc is a registered charity in United States, based in Neptune, NJ. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Joan Dancy and Pals Inc reported income of $1.2m and spending of $610k, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $958k to $1.2m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2023, when income rose by 132%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Joan Dancy and Pals Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Southwest Minority Supplier Development Council ($1.2m), Kevin Coleman Foundation Inc ($1.2m) and Klein Memorial Auditorium Foundation Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $83k (14% of expenses). Other salaries and wages came to $98k. At year end it held assets of $1.4m against liabilities of $105k, net assets of $1.3m. It reported 3 employees.