Joys To The World Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 50,181 | 25,776 | 24,405 | 15.3 | — |
| 2021 | 154,629 | 94,498 | 60,131 | 11.8 | — |
| 2022 | 234,035 | 212,342 | 21,693 | 6.5 | 77% |
| 2023 | 292,875 | 287,306 | 5,569 | 5.0 | 81% |
In its most recent public year (2023), this organization brought in $5,569 more than it spent. Its reserves stood at about 5 months of spending, down from 15.3 in 2020. Staff pay was 81% of spending.
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
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