True Joy Community Program

Analysis

True Joy Community Program is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, True Joy Community Program reported income of $105k and spending of $121k, spending 116% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $225k to $105k (-53%), an average of -22% a year. The sharpest change came in the year to December 2021, when income dropped by 50%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, True Joy Community Program 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 38th percentile, and in the 38th percentile within TN. Charities of a similar size with the same main cause include Lebanon Gleaners Inc ($105k), The Opus Foundation ($105k) and Christ-Centered Counseling Ministries ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,204 against liabilities of $21k, net assets of -$14k.