Joy Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 184,291 | 170,575 | 13,716 | 3.6 | — |
| 2019 | 113,076 | 78,920 | 34,156 | 12.9 | — |
| 2020 | 160,614 | 112,277 | 48,337 | 14.2 | — |
| 2021 | 294,023 | 107,782 | 186,241 | 35.3 | 0% |
| 2022 | 251,523 | 133,144 | 118,379 | 34.6 | 7% |
| 2023 | 352,187 | 142,222 | 209,965 | 54.2 | 16% |
In its most recent public year (2023), this organization brought in $209,965 more than it spent. Its reserves stood at about 54.2 months of spending, up from 3.6 in 2018. Staff pay was 16% of spending. $80,453 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Joy Ministries's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works