Junior League of Norfolk-Virginia Beach Incorporated

Analysis

Junior League of Norfolk-Virginia Beach Incorporated is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in March 1935, 91 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, Junior League of Norfolk-Virginia Beach Incorporated reported income of $82k and spending of $91k, spending 111% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income fell from $93k to $82k (-13%), an average of -2.7% a year. The sharpest change came in the year to May 2021, when income rose by 40%. Over the whole period it spent 104% 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 Norfolk-Virginia Beach Incorporated sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within VA. Charities of a similar size with the same main cause include Exhibit Designers and Producers Association - Northeast Division ($81k), Camp Kiwanis on Pat Mayse Lake Inc ($82k) and LA Poderosa Media Project ($81k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 34% of the total. Other salaries and wages came to $3,142. At year end it held assets of $683k against liabilities of $25k, net assets of $658k. It reported 1 employees.