Junior League of Lynchburg Va

Analysis

Junior League of Lynchburg Va is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in June 1923, 103 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 June 2024, Junior League of Lynchburg Va reported income of $79k and spending of $80k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $67k to $79k (+18%), an average of +3.3% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 76% 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 Lynchburg Va sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within VA. Charities of a similar size with the same main cause include Historic Florence Foundation Inc ($79k), Abilities at Crestview II Inc ($79k) and Golden Goose Club Inc ($79k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 14% of the total. Other salaries and wages came to $12k. At year end it held assets of $591k against liabilities of $545, net assets of $590k. It reported 4 employees.