Junior League of Roanoke Va Inc

Analysis

Junior League of Roanoke Va Inc is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in April 1943, 83 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 Roanoke Va Inc reported income of $186k and spending of $198k, spending 107% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $241k to $186k (-23%), an average of -8.4% a year. The sharpest change came in the year to May 2021, when income dropped by 36%. Over the whole period it spent 103% 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 Roanoke Va Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Food Specialization Redevelopment Corporation ($186k), Norfolk Veterans Home Foundation Inc ($186k) and Uptown Jackson Revitalization Organization Inc ($185k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 26% of the total. Other salaries and wages came to $18k. At year end it held assets of $2.1m against liabilities of $87k, net assets of $2.0m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.