Junior League of Reading Pa

Analysis

Junior League of Reading Pa is a registered charity in United States, based in Wyomissing, PA. It received its IRS tax-exemption ruling in January 1946, 80 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 Reading Pa reported income of $136k and spending of $132k, spending 97% of its income. Across the 6 years on record, from May 2019 to May 2024, income fell from $151k to $136k (-9.8%), an average of -2.0% a year. The sharpest change came in the year to May 2024, when income rose by 79%. Over the whole period it spent 93% 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 Reading Pa sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Exchange Club of Highline Foundation ($136k), Pomona Public Safety Inc ($136k) and Junior League of Tuscaloosa Alabama ($136k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 73% of the total. At year end it held assets of $564k against liabilities of $22k, net assets of $542k.