Word of Joy Incorporated

Analysis

Word of Joy Incorporated is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Word of Joy Incorporated reported income of $66k and spending of $62k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $66k (+3.2%), an average of +3.2% a year. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Word of Joy Incorporated sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Alan Harris Evangelistic Association Inc ($66k), Legacy Ministries for Christ Incorporated ($66k) and Puente International ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $44k against liabilities of $105, net assets of $44k.