The Junior League of Charlottesville Inc

Analysis

The Junior League of Charlottesville Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in February 1960, 66 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 2024, The Junior League of Charlottesville Inc reported income of $55k and spending of $54k, spending 98% of its income. Across the 6 years on record, from May 2019 to May 2024, income fell from $146k to $55k (-62%), an average of -18% a year. The sharpest change came in the year to May 2020, when income dropped by 48%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Junior League of Charlottesville 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 22nd percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Dorchester Improvement Association Inc ($55k), Lawrenceville-Vincennes Airport Development Foundation Inc ($55k) and Red White & Blue Collar Festival ($55k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 43% of the total. At year end it held assets of $644k against liabilities of $22k, net assets of $622k.