Junior Achievement of Western Massachusetts

Analysis

Junior Achievement of Western Massachusetts is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Junior Achievement of Western Massachusetts reported income of $484k and spending of $421k, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $236k to $484k (+105%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Junior Achievement of Western Massachusetts sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Read-Aloud Delaware ($484k), Richardson Childrens Theatre Incorporated ($484k) and Massachusetts Public Interest Research Group Education Fund Inc ($484k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 9.3% of the total. Compensation of current officers, directors and key employees was $83k (20% of expenses). Other salaries and wages came to $128k. At year end it held assets of $418k against liabilities of $92k, net assets of $326k. It reported 4 employees.