Junior Achievement of Southwest New England

Analysis

Junior Achievement of Southwest New England is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Southwest New England reported income of $2.2m and spending of $2.3m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.2m (+0.3%), an average of +0.1% a year. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Junior Achievement of Southwest New England sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within CT. Charities of a similar size with the same main cause include Southeast Asia Resource Action Center ($2.2m), Safe Passage ($2.2m) and Eternal Charitable Foundation ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $217k (9.5% of expenses). Other salaries and wages came to $733k. At year end it held assets of $5.6m against liabilities of $635k, net assets of $4.9m. It reported 17 employees.