Joshuas Way Inc

Analysis

Joshuas Way Inc is a registered charity in United States, based in Greer, SC. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2023, Joshuas Way Inc reported income of $201k and spending of $179k, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $118k to $201k (+70%), an average of +14% a year. The sharpest change came in the year to August 2022, when income rose by 45%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Joshuas Way Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 59th percentile within SC. Charities of a similar size with the same main cause include Bethlehem Camp Inc ($201k), Katartismos Global Inc ($201k) and Emmanuel Tigrean Orthodox Tewahedo Church ($201k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $75k (42% of expenses). At year end it held assets of $590k against liabilities of $0, net assets of $590k. It reported 2 employees.