Junior League of Miami Foundation Inc

Analysis

Junior League of Miami Foundation Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 May 2023, Junior League of Miami Foundation Inc reported income of $4.0m and spending of $151k, leaving 96% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $152k to $4.0m (+2525%), an average of +126% a year. The sharpest change came in the year to May 2023, when income rose by 969%. Over the whole period it spent 7.6% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Junior League of Miami Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Community Foundation of Chippewa ($4.0m), Anderson Donor Advised Charitable Fund ($4.0m) and Placer Community Foundation ($4.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $6.3m against liabilities of $0, net assets of $6.3m.