Junior League of Monmouth Cty Inc

Analysis

Junior League of Monmouth Cty Inc is a registered charity in United States, based in Rumson, NJ. It received its IRS tax-exemption ruling in April 1976, 50 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 June 2023, Junior League of Monmouth Cty Inc reported income of $60k and spending of $80k, spending 134% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $63k to $60k (-4.9%), an average of -4.9% a year. Over the whole period it spent 115% 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 Monmouth Cty Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 31st percentile within NJ. Charities of a similar size with the same main cause include Junior Welfare League of Huntington Inc ($60k), Downtown Findlay Improvement District Inc ($60k) and Southeast Kansas Prosperity Foundation Inc ($60k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $289k against liabilities of $9,309, net assets of $279k.