Barry L Joyce Local Cancer Support Fund
Barry L Joyce Local Cancer Support Fund consistently grows assets and revenue with 0% reported officer compensation.
EIN: 10754696 · Madison, NC · NTEE: G30 · Updated: 2026-03-28
Is Barry L Joyce Local Cancer Support Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Barry L Joyce Local Cancer Support Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Barry L Joyce Local Cancer Support Fund
Barry L Joyce Local Cancer Support Fund (EIN: 10754696) is a nonprofit organization based in Madison, NC, classified under NTEE code G30. The organization reported total revenue of $483K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barry L Joyce Local Cancer Support Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Barry L Joyce Local Cancer Support Fund is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $277K |
| Total Expenses | $217K |
| Surplus / Deficit | +$60K |
| Total Assets | $1.3M |
| Total Liabilities | $630 |
| Net Assets | $1.3M |
| Operating Margin | 21.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 73.3 months |
Financial Health Grade: A
In 2023, Barry L Joyce Local Cancer Support Fund reported a surplus of $60K with revenue exceeding expenses, holds 73.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Barry L Joyce Local Cancer Support Fund's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.8% | +9.8% | +14.7% |
| 2022 | +2.1% | +3.8% | -9.3% |
| 2021 | -2.2% | +17.0% | +12.7% |
| 2020 | +33.2% | -9.5% | +54.3% |
| 2019 | +8.0% | +2.9% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Barry L Joyce Local Cancer Support Fund with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Barry L Joyce Local Cancer Support Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $60K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with latest revenue of $482,836.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Barry L Joyce Local Cancer Support Fund:
- Consistent revenue growth (from $177,085 in 2019 to $277,491 in 2023).
- Significant asset accumulation (from $734,453 in 2019 to $1,327,159 in 2023).
- 0% reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
- Low liabilities relative to assets, demonstrating strong financial stability.
- Expenses generally well-managed relative to revenue, allowing for asset growth.
Frequently Asked Questions about Barry L Joyce Local Cancer Support Fund
Is Barry L Joyce Local Cancer Support Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Barry L Joyce Local Cancer Support Fund (EIN: 10754696) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Barry L Joyce Local Cancer Support Fund spend its money?
Barry L Joyce Local Cancer Support Fund directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Barry L Joyce Local Cancer Support Fund tax-deductible?
Barry L Joyce Local Cancer Support Fund is registered as a tax-exempt nonprofit (EIN: 10754696). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Barry L Joyce Local Cancer Support Fund a good charity?
Based on the provided IRS 990 data, the Barry L Joyce Local Cancer Support Fund appears to be a very good charity. It demonstrates consistent revenue growth, healthy asset accumulation (from $734,453 in 2019 to $1,327,159 in 2023), and a strong commitment to its mission, evidenced by 0% reported officer compensation across all filings. This suggests a high proportion of funds likely go directly to programs.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved. Revenue has grown from $177,085 in 2019 to $277,491 in 2023, and assets have significantly increased from $734,453 to $1,327,159 over the same period, indicating strong financial management and growth.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership model or that compensation is structured in a way that does not fall under 'officer compensation' on the 990, which is a positive indicator of efficiency and dedication to mission.
Filing History
IRS 990 filing history for Barry L Joyce Local Cancer Support Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Barry L Joyce Local Cancer Support Fund's revenue has grown by 447.9%, moving from $51K to $277K. Total assets increased by 425.8% over the same period, from $252K to $1.3M. Total functional expenses rose by 1089.9%, from $18K to $217K. In its most recent filing year (2023), Barry L Joyce Local Cancer Support Fund reported a surplus of $60K, with revenue exceeding expenses. The organization holds $630 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $277K | $217K | $1.3M | $630 | — | View 990 |
| 2022 | $236K | $198K | $1.2M | $630 | — | View 990 |
| 2021 | $231K | $190K | $1.3M | $260 | — | View 990 |
| 2020 | $236K | $163K | $1.1M | $15K | — | — |
| 2019 | $177K | $180K | $734K | $260 | — | View 990 |
| 2018 | $164K | $175K | $737K | $260 | — | View 990 |
| 2017 | $230K | $210K | $748K | $358 | — | View 990 |
| 2016 | $248K | $195K | $728K | $358 | — | View 990 |
| 2015 | $209K | $172K | $675K | $358 | — | View 990 |
| 2014 | $152K | $92K | $724K | $358 | — | View 990 |
| 2013 | $282K | $92K | $680K | $3K | — | View 990 |
| 2012 | $253K | $14K | $488K | $6K | — | View 990 |
| 2011 | $51K | $18K | $252K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $277K, expenses of $217K, and assets of $1.3M (revenue +17.8% year-over-year).
- 2022: Revenue of $236K, expenses of $198K, and assets of $1.2M (revenue +2.1% year-over-year).
- 2021: Revenue of $231K, expenses of $190K, and assets of $1.3M (revenue -2.2% year-over-year).
- 2020: Revenue of $236K, expenses of $163K, and assets of $1.1M (revenue +33.2% year-over-year).
- 2019: Revenue of $177K, expenses of $180K, and assets of $734K (revenue +8.0% year-over-year).
- 2018: Revenue of $164K, expenses of $175K, and assets of $737K (revenue -28.8% year-over-year).
- 2017: Revenue of $230K, expenses of $210K, and assets of $748K (revenue -7.1% year-over-year).
- 2016: Revenue of $248K, expenses of $195K, and assets of $728K (revenue +18.6% year-over-year).
- 2015: Revenue of $209K, expenses of $172K, and assets of $675K (revenue +37.9% year-over-year).
- 2014: Revenue of $152K, expenses of $92K, and assets of $724K (revenue -46.3% year-over-year).
- 2013: Revenue of $282K, expenses of $92K, and assets of $680K (revenue +11.3% year-over-year).
- 2012: Revenue of $253K, expenses of $14K, and assets of $488K (revenue +400.1% year-over-year).
- 2011: Revenue of $51K, expenses of $18K, and assets of $252K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Barry L Joyce Local Cancer Support Fund:
Data Sources and Methodology
This transparency report for Barry L Joyce Local Cancer Support Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.