Joy House Ministries Inc

Analysis

Joy House Ministries Inc is a registered charity in United States, based in Springdale, AR. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Joy House Ministries Inc reported income of $52k and spending of $81k, spending 154% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $135k to $52k (-61%), an average of -38% a year. The sharpest change came in the year to December 2022, when income dropped by 47%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Joy House Ministries Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within AR. Charities of a similar size with the same main cause include Westla Homeless ($52k), Healing for the Soul Ministries Inc ($52k) and Stepping Stones Inc ($52k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.