Joy of Giving Incorporated

Analysis

Joy of Giving Incorporated is a registered charity in United States, based in North Vernon, IN. It received its IRS tax-exemption ruling in January 2011, 15 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, Joy of Giving Incorporated reported income of $147k and spending of $93k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $147k (+66%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 381%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Joy of Giving Incorporated sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within IN. Charities of a similar size with the same main cause include Manasquan Turkey Run Inc ($146k), Childrens Hospital Trail Ride ($147k) and Charlotte Regional Fire Foundation ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $274k against liabilities of $0, net assets of $274k.