Junior League of Daytona Beach Inc

Analysis

Junior League of Daytona Beach Inc is a registered charity in United States, based in Daytona Beach, FL. It received its IRS tax-exemption ruling in March 1952, 74 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 Daytona Beach Inc reported income of $446k and spending of $241k, leaving 46% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $364k to $446k (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2023, when income rose by 99%. Over the whole period it spent 71% 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 Daytona Beach Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Jobs of Hope Inc ($446k), Destination Oilmens Golf Invitational ($447k) and Winchester Clark County Farmers Market ($446k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $2.0m against liabilities of $2,911, net assets of $2.0m.