Junior Achievement of Central Carolinas

Analysis

Junior Achievement of Central Carolinas is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Junior Achievement of Central Carolinas reported income of $1.8m and spending of $2.6m, spending 145% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $1.8m (+5.8%), an average of +1.9% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 120% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Junior Achievement of Central Carolinas sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Imago Global Grassroots ($1.8m), Agora Partnerships ($1.8m) and US Institute of Diplomacy and Human Rights ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $256k (9.7% of expenses). Other salaries and wages came to $790k. At year end it held assets of $7.5m against liabilities of $4.1m, net assets of $3.5m. It reported 20 employees.