Junior Achievement of New York

Analysis

Junior Achievement of New York is a registered charity in United States, based in New York, NY. 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 New York reported income of $6.0m and spending of $3.9m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $6.0m (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2023, when income rose by 90%. Over the whole period it spent 86% 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 New York sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Maestro Cares Foundation ($6.0m), Narrative 4 Inc ($6.0m) and Council of American Overseas Research Centers ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $782k (20% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $6.9m against liabilities of $1.3m, net assets of $5.5m. It reported 29 employees.