Junior Charity League Incorporated of Magnolia Arkansas

Analysis

Junior Charity League Incorporated of Magnolia Arkansas is a registered charity in United States, based in Magnolia, AR. It received its IRS tax-exemption ruling in May 1977, 49 years ago. 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 2024, Junior Charity League Incorporated of Magnolia Arkansas reported income of $63k and spending of $48k, leaving 24% of income unspent that year. Over the whole period it spent 138% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Junior Charity League Incorporated of Magnolia Arkansas sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within AR. Charities of a similar size with the same main cause include Louisville Regional Science & Engineering Fair ($63k), First on the Moon Inc ($63k) and Somerset Lions Club Inc Charitable Trust ($63k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 42% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.