A Thousand Joys Inc

Analysis

A Thousand Joys Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, A Thousand Joys Inc reported income of $223k and spending of $176k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $259k to $223k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, A Thousand Joys Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Morris Hosital Auxiliary ($223k), Spina Bifida & Hidrocephalus Association of Puerto Rico Inc ($223k) and Family Place Foundation ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $100k (57% of expenses). At year end it held assets of $262k against liabilities of $2,293, net assets of $260k. It reported 1 employees.