Junior League of Cedar Rapids Inc
Analysis
Junior League of Cedar Rapids Inc is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in August 1942, 84 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 Cedar Rapids Inc reported income of $109k and spending of $104k, spending 95% of its income. Across the 2 years on record, from May 2022 to May 2023, income fell from $127k to $109k (-14%), an average of -14% a year. Over the whole period it spent 91% 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 Cedar Rapids Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within IA. Charities of a similar size with the same main cause include Social Ventures Inc ($109k), Lark Street Area District Management Association Inc ($109k) and Danville Foundation for Industrial Growth ($109k).
On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $457k against liabilities of $47k, net assets of $410k.
Income and spending
Where the income comes from
- Contributions & grants 82%
- Other 18%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Social Ventures Inc | Ithaca | $109k |
| Lark Street Area District Management Association Inc | Albany | $109k |
| Danville Foundation for Industrial Growth | Danville | $109k |
| Southeastern Utah Business and Technical Assistance Center Inc | Price | $109k |