Joy of Life on the Gulf Coast Inc

Analysis

Joy of Life on the Gulf Coast Inc is a registered charity in United States, based in Daphne, AL. It received its IRS tax-exemption ruling in September 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Joy of Life on the Gulf Coast Inc reported income of $72k and spending of $117k, spending 163% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income grew from $18k to $72k (+292%), an average of +98% a year. The sharpest change came in the year to September 2022, when income rose by 155%. Over the whole period it spent 91% 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 Life on the Gulf Coast Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within AL. Charities of a similar size with the same main cause include Ricky King Foundation Inc ($72k), Downtown South Bend Inc Foundation ($72k) and 21st Century Dads Foundation ($72k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 218% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.