Joy Bus

Analysis

Joy Bus is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Bus reported income of $1.6m and spending of $1.4m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $658k to $1.6m (+142%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 115%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Joy Bus sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within AZ. Charities of a similar size with the same main cause include Morning Star Rising Inc ($1.6m), Dynamic Dimensions Inc ($1.6m) and Play School Day Care Center Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $109k (7.5% of expenses). Other salaries and wages came to $573k. At year end it held assets of $3.4m against liabilities of $1.5m, net assets of $1.9m. It reported 33 employees.