Project Joy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 224,362 | 181,986 | 42,376 | 3.1 | 0% |
| 2021 | 14,230 | 13,070 | 1,160 | 43.7 | — |
| 2022 | 1,197 | 340 | 857 | 1710.8 | — |
| 2023 | 4,374 | 449 | 3,925 | 1400.4 | — |
In its most recent public year (2023), this organization brought in $3,925 more than it spent. Its reserves stood at about 1400.4 months of spending, up from 3.1 in 2020.
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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