Joyal Capital Management Foundation Inc

Analysis

Joyal Capital Management Foundation Inc is a registered charity in United States, based in Plymouth, MA. It received its IRS tax-exemption ruling in March 2009, 17 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 December 2023, Joyal Capital Management Foundation Inc reported income of $86k and spending of $75k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $123k to $86k (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Joyal Capital Management Foundation Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Cise Education Fund ($86k), Bratenahl Community Foundation ($86k) and Healing Transitions Endowment Inc ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $55k (73% of expenses). At year end it held assets of $64k against liabilities of $0, net assets of $64k. It reported 1 employees.