No Greater Joy Ministries Inc

Analysis

No Greater Joy Ministries Inc is a registered charity in United States, based in Pleasantville, TN. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, No Greater Joy Ministries Inc reported income of $1.5m and spending of $1.7m, spending 114% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $947k to $1.5m (+62%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, No Greater Joy Ministries Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Restoring the Soul Inc ($1.5m), Vladimir Savchuk Ministries ($1.5m) and Camp Manitoumi Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $208k (12% of expenses). Other salaries and wages came to $145k. At year end it held assets of $972k against liabilities of $78k, net assets of $894k. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.