Joy to the World Foundation Thailand

Analysis

Joy to the World Foundation Thailand is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in November 2018, 8 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 2023, Joy to the World Foundation Thailand reported income of $190k and spending of $218k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $190k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. 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 to the World Foundation Thailand sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 49th percentile within CO. Charities of a similar size with the same main cause include Pelham School Age Child Care ($190k), Blood Bond Bleeding Disorders and Rare Diseases Nerwork ($190k) and Reach Out & Care Wheels Inc ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.