Junior League of Wilmington N C Inc

Analysis

Junior League of Wilmington N C Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in March 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, Junior League of Wilmington N C Inc reported income of $66k and spending of $64k, spending 97% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $98k to $66k (-33%), an average of -33% a year. The sharpest change came in the year to May 2024, when income dropped by 33%. Over the whole period it spent 88% 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 Wilmington N C Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within NC. Charities of a similar size with the same main cause include Fund Community Institute ($66k), Lincoln Heights Oasis Community Development Corporation ($66k) and Historic Midtown Development Group ($66k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 8.8% and program service revenue 1.2% of the total. At year end it held assets of $348k against liabilities of $11k, net assets of $337k.