Joyful Heart Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,533,073 | 2,906,487 | −373,414 | 5.7 | 10% |
| 2012 | 2,925,960 | 3,148,799 | −222,839 | 4.5 | 39% |
| 2013 | 3,988,853 | 3,557,756 | 431,097 | 5.4 | 41% |
| 2014 | 3,758,035 | 3,886,709 | −128,674 | 4.5 | 39% |
| 2015 | 75,662,148 | 75,718,550 | −56,402 | 0.2 | 2% |
| 2016 | 1,663,303 | 2,795,873 | −1,132,570 | 4.0 | 39% |
| 2017 | 4,763,112 | 5,467,451 | −704,339 | 0.5 | 41% |
| 2018 | 3,840,788 | 3,202,324 | 638,464 | 3.2 | 37% |
| 2019 | 3,080,390 | 1,470,769 | 1,609,621 | 20.1 | 38% |
| 2020 | 2,196,971 | 1,337,638 | 859,333 | 29.8 | 33% |
| 2021 | 2,180,107 | 1,389,183 | 790,924 | 35.6 | 32% |
| 2022 | 2,544,251 | 1,551,524 | 992,727 | 38.9 | 33% |
| 2023 | 1,993,888 | 1,730,089 | 263,799 | 37.0 | 43% |
In its most recent public year (2023), this organization brought in $263,799 more than it spent. Its reserves stood at about 37 months of spending, up from 5.7 in 2011. Staff pay was 43% of spending. $63,984 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
Joyful Heart Foundation'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