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Joy House Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 815350014 ✦ Baldwin, NY ✦ Designated as a 501(c)(3)

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Overview

What is Joy House Inc?

Joy House Inc is a nonprofit organization that is committed to alleviating the hardships faced by the homeless community. Their primary focus is to provide essential resources such as food and housing, tailoring their services to meet the unique needs of those who are less fortunate. By offering these vital amenities, Joy House Inc aims to contribute positively to the well-being of the homeless population, thereby helping them rebuild their lives.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Stars

Joy House Inc has received a One-Star rating from Charity Navigator, indicating significant concerns primarily in the area of Accountability & Finance. The organization's overall score is heavily influenced by its lack of independent board members and missing key governance policies, which are critical for transparency and effective oversight.

The charity does have a commendable program expense ratio of 100%, suggesting that all its expenses are directed towards programs. However, the absence of independent board members and missing policies such as conflict of interest and whistleblower protections raise questions about its governance practices. Additionally, its website is not listed on its tax form, which further detracts from its accountability.

While there are strengths in its financial management, the lack of transparency and governance structures limits Joy House Inc's overall effectiveness and trustworthiness. Improvements in these areas would be essential for enhancing its rating and public confidence.


This AI summary has been generated from information found on Charity Navigator.

Is Joy House Inc legitimate?

Joy House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joy House Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,000

For more financial information, click here

What is the mission statement of Joy House Inc?

Joy House Inc, as a charitable organization, is committed to addressing the needs of the homeless population. Their mission is to provide both nourishment and shelter, ensuring that the homeless individuals under their care have access to essential amenities. Through various programs, Joy House aims to cater to the unique requirements of the impoverished individuals they serve. The organization's objectives include feeding the homeless and providing them with housing, thereby contributing to their overall well-being.

What is the revenue of Joy House Inc?

Joy House Inc's revenue in 2024 was $0.

Who are the executives of Joy House Inc and what are their salaries?

The average compensation at Joy House Inc during 2024 was $26,000. There is 1 employee at Joy House Inc.

There is 1 key member and their salary:


Soo Sik Suh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Joy House Inc?

Joy House Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Joy House Inc

Joy House Inc, a nonprofit organization, is dedicated to addressing the needs of the homeless population. Its mission is twofold: providing nourishment and offering housing solutions. Through various programs, Joy House caters to the needs of the less fortunate, with the ultimate goal of alleviating their homelessness. The organization's primary focus is on offering food and securing housing to help those in need regain a sense of stability and independence.

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Impact




October, 2024

Joy House Inc has a significant impact on the homeless community in Baldwin, NY, by addressing critical needs for food and housing. Through its dedicated programs, Joy House provides essential resources to those experiencing homelessness, ensuring they receive nutritious meals and safe shelter. This dual approach not only alleviates immediate hunger but also helps individuals regain stability in their lives, fostering a pathway to long-term self-sufficiency. By focusing on the unique needs of the poor, Joy House strengthens the community, promotes dignity, and facilitates healing for its most vulnerable members.




This information is meant to be a general summary of Joy House Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$0 (2024)
Expenses
$28,760 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

    Assets and Liabilities:

    • Total Assets: $70,494
    • Total Liabilities: $0
    • Net Assets: $70,494

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    Organization Details

    Founding Year

    2018

    Principal Officer

    Soo Sik Suh

    NTEE Category

    Code: L41 - Housing

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