The Joy of Living Inc

Analysis

The Joy of Living Inc is a registered charity in United States, based in Owings Mills, MD. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, The Joy of Living Inc reported income of $106k and spending of $91k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $106k (+64%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Joy of Living Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within MD. Charities of a similar size with the same main cause include Coalition to Shelter and Support the Homeless ($106k), Julia Greely Home Inc ($106k) and Notestine Manor Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.