Joy Media Ministries

Analysis

Joy Media Ministries is a registered charity in United States, based in Glennallen, AK. It received its IRS tax-exemption ruling in March 2015, 11 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, Joy Media Ministries reported income of $687k and spending of $401k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $497k to $687k (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Joy Media Ministries sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within AK. Charities of a similar size with the same main cause include Christ for You ($687k), Sharing Hope Ministry Inc ($687k) and Northeast Taiwan Christian Association Inc ($687k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 17% of the total. Other salaries and wages came to $160k. At year end it held assets of $1.5m against liabilities of $159k, net assets of $1.4m. It reported 3 employees.