Junior League of Jackson Keystone Fund Inc

Analysis

Junior League of Jackson Keystone Fund Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in July 2009, 17 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Junior League of Jackson Keystone Fund Inc reported income of $1.6m and spending of $1.4m, spending 88% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $81k to $1.6m (+1869%), an average of +111% a year. The sharpest change came in the year to May 2023, when income rose by 319%. Over the whole period it spent 53% 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 Jackson Keystone Fund Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within MS. Charities of a similar size with the same main cause include Martin Luther King Economic Development Corporation ($1.6m), Launch ($1.6m) and Endeavor Miami Inc ($1.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.