Joy 2 Learn Foundation

Analysis

Joy 2 Learn Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1988, 38 years ago. 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 2 Learn Foundation reported income of $127k and spending of $37k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $127k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Joy 2 Learn Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include St Clairsville Jr Sports Inc ($127k), Cherry Creek School Distric Parent Teacher Community Council Inc ($127k) and Friends of the Boerne Public Library ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $273k against liabilities of $0, net assets of $273k.