Joyful Rescues Inc

Analysis

Joyful Rescues Inc is a registered charity in United States, based in Cuba, NY. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 March 2023, Joyful Rescues Inc reported income of $382k and spending of $384k, spending 100% of its income. Across the 4 years on record, from March 2020 to March 2023, income fell from $459k to $382k (-17%), an average of -5.9% a year. The sharpest change came in the year to March 2022, when income dropped by 23%. Over the whole period it spent 99% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Joyful Rescues Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Kentucky Horse Council Inc ($381k), North Baldwin Animal Shelter Inc ($382k) and Paw-Fect Match Rescue & Rehabilitation ($381k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 59% and program service revenue 28% of the total. Other salaries and wages came to $158k. At year end it held assets of $236k against liabilities of $10k, net assets of $226k. It reported 5 employees.