Love and Joy Personal Care Home

Analysis

Love and Joy Personal Care Home is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Love and Joy Personal Care Home reported income of $1.5m and spending of $1.3m, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.1m to $1.5m (-26%), an average of -7.2% a year. The sharpest change came in the year to September 2020, when income dropped by 32%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love and Joy Personal Care Home sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Larche Noah Sealth of Seattle ($1.5m), Pathways to Success Inc ($1.5m) and Van Wert County Agricultural Society ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $93k (7.1% of expenses). Other salaries and wages came to $465k. At year end it held assets of $613k against liabilities of $217k, net assets of $396k. It reported 63 employees.