Junior League of Akron Ohio Inc

Analysis

Junior League of Akron Ohio Inc is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in August 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 2023, Junior League of Akron Ohio Inc reported income of $55k and spending of $69k, spending 126% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $107k to $55k (-49%), an average of -20% a year. The sharpest change came in the year to May 2021, when income rose by 153%. Over the whole period it spent 64% 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 Akron Ohio Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within OH. Charities of a similar size with the same main cause include Partnership Foundation Inc ($55k), Charleston County Masonic Assn Inc ($55k) and Main Street Guthrie Center ($55k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 60% of the total. Other salaries and wages came to $13k. At year end it held assets of $878k against liabilities of $16k, net assets of $862k. It reported 1 employees.