Junior League of Morristown N J Inc

Analysis

Junior League of Morristown N J Inc is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in August 1942, 84 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Junior League of Morristown N J Inc reported income of $144k and spending of $116k, spending 81% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $98k to $144k (+47%), an average of +8.0% a year. The sharpest change came in the year to May 2022, when income rose by 38%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Junior League of Morristown N J Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 54th percentile within NJ. Charities of a similar size with the same main cause include Community Matters 2 Inc ($144k), The Junior League of Northern Virginia Inc ($144k) and Russ Lyon Charitable Foundation ($144k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 19% and program service revenue 18% of the total. At year end it held assets of $1.7m against liabilities of $20k, net assets of $1.7m.