Project Joy

Analysis

Project Joy is a registered charity in United States, based in Palmdale, CA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Project Joy reported income of $1.3m and spending of $981k, leaving 24% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $230k to $1.3m (+459%), an average of +78% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 74% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Project Joy 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 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Girls Incorporated of Shelbyville Shelby County ($1.3m), Barbara C Harris Center ($1.3m) and Eight Million Stories Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $73k (7.4% of expenses). Other salaries and wages came to $132k. At year end it held assets of $801k against liabilities of $26k, net assets of $775k. It reported 1 employees.