Joykc Inc

Analysis

Joykc Inc is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in October 2020, 6 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 December 2023, Joykc Inc reported income of $58k and spending of $45k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $21k to $58k (+182%), an average of +68% a year. The sharpest change came in the year to December 2022, when income rose by 136%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Joykc Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within KS. Charities of a similar size with the same main cause include Megan Schulman Memorial Foundation ($58k), The Carolinas Foundation for Hospice and Home Care ($58k) and Hope Center of Tulsa Inc ($58k).

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 $58k against liabilities of $0, net assets of $58k.