In practical terms, Alnitak is correct and makes it easy to understand, but ultimately in JavaScript, everything is passed by value.
What is the "value" of an object? It is the object reference.
When you pass in an object, you get a copy of this value (hence the 'copy of a reference' that Alnitak described). If you change this value, you do not change the original object; you are changing your copy of that reference.