Mary Joy Charity Inc
EIN: 474527342 · Washington, DC · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $79K |
| Total Expenses | $16K |
| Net Assets | $2K |
Is Mary Joy Charity Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mary Joy Charity Inc
Mary Joy Charity Inc (EIN: 474527342) is a nonprofit organization based in Washington, DC, classified under NTEE code Q33. The organization reported total revenue of $79K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mary Joy Charity Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mary Joy Charity Inc is a micro nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -75.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $16K |
| Surplus / Deficit | $-4,122 |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | -34.0% |
| Months of Reserves | 1.5 months |
Financial Health Grade: C
In 2023, Mary Joy Charity Inc reported a deficit of $4K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited).
Financial Trends
Over 4 years of filings (2020–2023), Mary Joy Charity Inc's revenue has declined at a compound annual growth rate (CAGR) of -75.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.3% | -25.6% | -67.6% |
| 2021 | -100.0% | -99.5% | -18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mary Joy Charity Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mary Joy Charity Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Frequently Asked Questions about Mary Joy Charity Inc
Is Mary Joy Charity Inc a legitimate charity?
Mary Joy Charity Inc (EIN: 474527342) is a registered tax-exempt nonprofit based in Washington DC. It has 4 years of IRS 990 filings on record. Total revenue: $79K. No red flags identified. Financial health grade: C.
How does Mary Joy Charity Inc spend its money?
Mary Joy Charity Inc reported $79K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mary Joy Charity Inc tax-deductible?
Mary Joy Charity Inc is registered as a tax-exempt nonprofit (EIN: 474527342). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mary Joy Charity Inc located?
Mary Joy Charity Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 474527342. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Mary Joy Charity Inc have?
Mary Joy Charity Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $79K in total revenue.
Filing History
IRS 990 filing history for Mary Joy Charity Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Mary Joy Charity Inc's revenue has declined by 98.4%, moving from $780K to $12K. Total assets decreased by 90.5% over the same period, from $21K to $2K. Total functional expenses fell by 97.9%, from $762K to $16K. In its most recent filing year (2023), Mary Joy Charity Inc reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12K | $16K | $2K | $0 | — | View 990 |
| 2022 | $11K | $22K | $6K | $0 | — | View 990 |
| 2021 | $0 | $4K | $17K | $0 | — | View 990 |
| 2020 | $780K | $762K | $21K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $12K, expenses of $16K, and assets of $2K (revenue +10.3% year-over-year).
- 2022: Revenue of $11K, expenses of $22K, and assets of $6K.
- 2021: Revenue of $0, expenses of $4K, and assets of $17K (revenue -100.0% year-over-year).
- 2020: Revenue of $780K, expenses of $762K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mary Joy Charity Inc:
Data Sources and Methodology
This transparency report for Mary Joy Charity Inc 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.