Joy to Life Foundation

Analysis

Joy to Life Foundation is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 to Life Foundation reported income of $997k and spending of $931k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $871k to $997k (+14%), an average of +3.4% a year. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Joy to Life Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within AL. Charities of a similar size with the same main cause include Happier Life Project Inc ($997k), Estes Park Medical Center Foundation ($998k) and Mercy Hospital Cadillac Foundation ($997k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $74k (8.0% of expenses). Other salaries and wages came to $79k. At year end it held assets of $1.0m against liabilities of $21, net assets of $1.0m. It reported 7 employees.