Joytime Ministries

Analysis

Joytime Ministries is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Joytime Ministries reported income of $80k and spending of $92k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $80k (+2.2%), an average of +2.2% a year. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Joytime Ministries sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within TN. Charities of a similar size with the same main cause include Mens Leadership Community ($80k), Sacred Trust ($80k) and Team Family Foundation Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $45k against liabilities of $3,416, net assets of $42k.