Recovering Joy Arts and Nature Center Inc

Analysis

Recovering Joy Arts and Nature Center Inc is a registered charity in United States, based in Somerset, KY. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Recovering Joy Arts and Nature Center Inc reported income of $71k and spending of $63k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $71k (+134%), an average of +134% a year. The sharpest change came in the year to December 2023, when income rose by 134%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Recovering Joy Arts and Nature Center Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within KY. Charities of a similar size with the same main cause include Alma Community Art Center Inc ($71k), Patriot Flight Inc ($71k) and Clark Middle School Cougar Band Boosters ($71k).

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 $26k against liabilities of $0, net assets of $26k.