Joy School Endowment Fund

Analysis

Joy School Endowment Fund is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Joy School Endowment Fund reported income of $192k and spending of $5,510, leaving 97% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income fell from $253k to $192k (-24%), an average of -24% a year. The sharpest change came in the year to July 2023, when income dropped by 24%. Over the whole period it spent 2.2% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Joy School Endowment Fund 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 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Black Fives Foundation ($192k), Freedom 7 Fundraising Committee ($192k) and Stream Innovations Inc ($192k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $822k against liabilities of $0, net assets of $822k.