Joyful Land Preschool

Analysis

Joyful Land Preschool is a registered charity in United States, based in Lomita, CA. It received its IRS tax-exemption ruling in December 2014, 12 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, Joyful Land Preschool reported income of $529k and spending of $539k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $394k to $529k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Joyful Land Preschool sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Virginia Baptist Childrens Home and Family Services Foundation ($529k), Words of Comfort Hope and Promise ($529k) and Agape Help House of Pacific ($529k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $84k (16% of expenses). Other salaries and wages came to $199k. At year end it held assets of $181k against liabilities of $155k, net assets of $26k. It reported 17 employees.