Junior League of Winston Salem Inc

Analysis

Junior League of Winston Salem Inc is a registered charity in United States, based in Winstonsalem, NC. It received its IRS tax-exemption ruling in March 1952, 74 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 2023, Junior League of Winston Salem Inc reported income of $158k and spending of $195k, spending 124% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $164k to $158k (-3.6%), an average of -0.9% a year. The sharpest change came in the year to May 2022, when income dropped by 15%. Over the whole period it spent 111% 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 Winston Salem Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Junior League of Lexington ($158k), Chautauqua Connections Inc ($158k) and Sidney Tourism Business Improvement District Inc ($158k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 134% and program service revenue 0.5% of the total. Other salaries and wages came to $17k. At year end it held assets of $946k against liabilities of $288k, net assets of $658k. It reported 1 employees.