Junior League of Rockford Inc

Analysis

Junior League of Rockford Inc is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in March 1944, 82 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 Rockford Inc reported income of $60k and spending of $65k, spending 109% of what it took in. Across the 2 years on record, from May 2022 to May 2023, income fell from $70k to $60k (-15%), an average of -15% a year. The sharpest change came in the year to May 2023, when income dropped by 15%. Over the whole period it spent 92% 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 Rockford Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include Riverside Womans Club of Jacksonville ($60k), Temecula Sunrise Rotary Foundation ($60k) and Downtown Findlay Improvement District Inc ($60k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $338k against liabilities of $955, net assets of $337k.