Progress and Joy
Analysis
Progress and Joy is a registered charity in United States, based in Apple Valley, MN. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Progress and Joy reported income of $194k and spending of $195k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $246k to $194k (-21%), an average of -7.6% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 93% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Progress and Joy sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within MN. Charities of a similar size with the same main cause include Spiritual Innovations Inc ($194k), Church of the Miraculous Medal Inc ($195k) and Ministerios El Shaddai Corp ($194k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.
Income and spending
Where the income comes from
- Contributions & grants 42%
- Program services 58%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Spiritual Innovations Inc | Roswell | $194k |
| Church of the Miraculous Medal Inc | Wilton | $195k |
| Ministerios El Shaddai Corp | Bayonne | $194k |
| Greater Temple of Praise Inc | Brooklyn | $195k |