Joy Ministries

Analysis

Joy Ministries is a registered charity in United States, based in Silverdale, WA. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Joy Ministries reported income of $178k and spending of $162k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $178k (+111%), an average of +111% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Joy Ministries sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within WA. Charities of a similar size with the same main cause include Northeast Wisdom Inc ($178k), Voices Organized in Civic Engagement Education Fund Inc ($178k) and Borders Expanded Ministries Inc ($178k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.8% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.