P โ€” Human ServicesEIN: 872442210ยท Ruling Year: 2022

Joy Closet

Hopkinsville, Kentucky

CHealth Score
41C

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Below Average

๐Ÿ’ฐ
$172K
Total Revenue
๐Ÿ“Š
$194K
Total Expenses
๐Ÿฆ
$3K
Net Assets
๐Ÿ“‹
$4K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+65.4%
Year-over-year change (2023 โ†’ 2024)
Net Margin
-12.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.02
Net assets divided by total expenses
Liabilities-to-Assets
53.9%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2024$172,487โ†‘65%$194,243โ†‘99%$6,520โ†“77%
2023$104,296โ†‘50%$97,691โ†‘68%$28,943โ†‘86%
2022$69,433$58,073$15,600

Frequently Asked Questions

What does Joy Closet do?โ–ผ

Joy Closet is a human services nonprofit organization based in Kentucky. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Joy Closet financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Joy Closet.

How much revenue does Joy Closet generate?โ–ผ

Joy Closet reports $524K in annual revenue and holds $108K in total assets, based on IRS filings.

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Joy Closet โ€” Hopkinsville, KY | GiveScope