Joy2theworld Inc

Analysis

Joy2theworld Inc is a registered charity in United States, based in LA Porte, TX. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Joy2theworld Inc reported income of $224k and spending of $150k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $197k to $224k (+14%), an average of +14% a year. Over the whole period it spent 76% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Joy2theworld Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include District Commons Inc ($224k), Agape V&n Davidhizars Foundation ($224k) and Carmen Pampa Fund ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $46k. At year end it held assets of $218k against liabilities of $142k, net assets of $76k.