Joyeux Foundation US

Analysis

Joyeux Foundation US is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Joyeux Foundation US reported income of $1.0m and spending of $619k, leaving 39% of income unspent that year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 38% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Joyeux Foundation US sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Native Partnership for Housing Inc ($1.0m), Kentucky Mountain Housing Development Corporation Inc ($1.0m) and Chico State Construction Management Education Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $52k (8.4% of expenses). Other salaries and wages came to $79k. At year end it held assets of $2.0m against liabilities of $542k, net assets of $1.5m. It reported 18 employees.