Joyce Ivy Foundation

Analysis

Joyce Ivy Foundation is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Joyce Ivy Foundation reported income of $470k and spending of $488k, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $474k to $470k (-0.7%), an average of -0.2% a year. The sharpest change came in the year to August 2021, when income rose by 37%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Joyce Ivy Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Chebeague Island Library ($470k), Greyhound Booster Club ($470k) and St Anthonys Academy Limited ($470k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $173k. At year end it held assets of $312k against liabilities of $4,643, net assets of $307k. It reported 2 employees.