Joy Education Foundation

Analysis

Joy Education Foundation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Joy Education Foundation reported income of $298k and spending of $97k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,187 to $298k (+3545%), an average of +3545% a year. The sharpest change came in the year to December 2023, when income rose by 3545%. Over the whole period it spent 34% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Joy Education Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within OK. Charities of a similar size with the same main cause include Prairie Rivers of Iowa Resource Conservation and Development Inc ($298k), Kua O Kanaueue ($298k) and Pleasant Hope Polytechnic Academy International ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $25k (26% of expenses). Other salaries and wages came to $1,372. At year end it held assets of $201k against liabilities of $0, net assets of $201k.