Joy of the People Foundation

Analysis

Joy of the People Foundation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 of the People Foundation reported income of $599k and spending of $524k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $479k to $599k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Joy of the People Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Blast Soccer Club Inc ($598k), Great Bridge Boys Baseball Incorporated ($599k) and 2nd & 7 Foundation ($598k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $74k (14% of expenses). Other salaries and wages came to $132k. At year end it held assets of $330k against liabilities of $18k, net assets of $312k.