Joy Street Ministries Inc

Analysis

Joy Street Ministries Inc is a registered charity in United States, based in Troup, TX. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Joy Street Ministries Inc reported income of $119k and spending of $118k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $306k to $119k (-61%), an average of -61% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 58% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Joy Street Ministries Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Iglesia Pentecostal Cristo Es LA Antorcha ($119k), Bourbon County Ministerial Association Inc ($119k) and Rocky Mountain Honors Camp ($119k).

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 $461k against liabilities of $0, net assets of $461k.