Joshuas Army Inc

Analysis

Joshuas Army Inc is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in April 1992, 34 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, Joshuas Army Inc reported income of $226k and spending of $295k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $388k to $226k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Joshuas Army Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include Soccer Club of Newington Inc ($226k), Grupo de Teatro Sinergia-Siner ($226k) and Orange-Calhoun-Allendale-Bamberg Community Development Corporation ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.