Joy Ranch Inc

Analysis

Joy Ranch Inc is a registered charity in United States, based in Hillsville, VA. It received its IRS tax-exemption ruling in October 1962, 64 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Ranch Inc reported income of $963k and spending of $1.1m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $950k to $963k (+1.3%), an average of +0.3% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Joy Ranch Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within VA. Charities of a similar size with the same main cause include Bcyfr Supporters ($963k), Freeport Community Services Inc ($963k) and Bigger Table ($962k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $69k (6.3% of expenses). Other salaries and wages came to $358k. At year end it held assets of $3.2m against liabilities of $60k, net assets of $3.2m. It reported 20 employees.