Joy Ministries Evangelistic Association

Analysis

Joy Ministries Evangelistic Association is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in September 1991, 35 years ago. 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 Ministries Evangelistic Association reported income of $1.7m and spending of $1.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.7m (+2.3%), an average of +0.6% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Joy Ministries Evangelistic Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Georgia Music Educators Association Inc ($1.7m), Down Syndrome Innovations Inc ($1.7m) and The Association of Regulatory Boards of Optometry Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $180k. At year end it held assets of $267k against liabilities of $55k, net assets of $212k. It reported 7 employees.