Dharma Joy Foundation is located in Wilmington, DE. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dharma Joy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Dharma Joy Foundation generated $155.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (38.1%) each year. All expenses for the organization totaled $66.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheng Gao Dir, Pres | 5 | $0 | |
Qingqing Qiu Dir, Sec, Treas | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $51,272 |
| Interest on Savings | $44 |
| Dividends & Interest | $24,034 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $80,515 |
| Capital Gain Net Income | $93,668 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $155,865 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $70 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,269 |
| Total operating and administrative expenses | $27,885 |
| Contributions, gifts, grants paid | $39,000 |
| Total expenses and disbursements | $66,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $91,846 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,132,532 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Dharma Joy Foundation has awarded $39,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
JAMYANG CHOLING NUNNERY INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
JETSUN SAKYA FOUNDATION EV PURPOSE: 2ND EUROPEAN SAKYA MONLAM IN PARIS | $20,000 |
VIKRAMASILA FOUNDATION INC PURPOSE: RETREAT CENTER COSTS | $9,000 |