Joy Senior Apartments Inc

Analysis

Joy Senior Apartments Inc is a registered charity in United States, based in Petersburg, WV. It received its IRS tax-exemption ruling in December 2000, 26 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 Senior Apartments Inc reported income of $190k and spending of $149k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $117k to $190k (+62%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Joy Senior Apartments Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within WV. Charities of a similar size with the same main cause include Yaqeen Welfare Foundation ($190k), Asi Boise Inc ($190k) and Blindconnect Inc ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Other salaries and wages came to $34k. At year end it held assets of $838k against liabilities of $12k, net assets of $826k. It reported 2 employees.