Joys to the World Inc

Analysis

Joys to the World Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Joys to the World Inc reported income of $293k and spending of $287k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $234k to $293k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Joys to the World Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within OK. Charities of a similar size with the same main cause include National Women Business Owners Corporation ($293k), Escuela Aurora ($293k) and Broadway Childrens School of Oakland Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $29k (10% of expenses). Other salaries and wages came to $205k. At year end it held assets of $122k against liabilities of $1,743, net assets of $120k. It reported 15 employees.