Junior League of Topeka Inc

Analysis

Junior League of Topeka Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in November 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 Topeka Inc reported income of $64k and spending of $63k, spending 98% of its income. Across the 3 years on record, from May 2021 to May 2023, income fell from $77k to $64k (-17%), an average of -8.7% a year. The sharpest change came in the year to May 2022, when income dropped by 17%. Over the whole period it spent 100% 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 Topeka Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within KS. Charities of a similar size with the same main cause include Rotary Club of Westerly Foundation ($64k), Northwest Ottawa Economic Development Corporation ($64k) and Dover-Foxcroft Kiwanis Charities ($64k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $502k against liabilities of $23k, net assets of $479k.