Junior League of Miami Inc

Analysis

Junior League of Miami Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in September 1942, 84 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 Miami Inc reported income of $323k and spending of $349k, spending 108% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $352k to $323k (-8.2%), an average of -2.1% a year. The sharpest change came in the year to May 2021, when income rose by 30%. Over the whole period it spent 78% 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 Miami Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include St Petersburg Saturday Morning Market Inc ($323k), Downtown Westfield Neighborhoodassociation ($323k) and Downtown de Pere Inc ($323k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 77% and program service revenue 0.9% of the total. Other salaries and wages came to $20k. At year end it held assets of $1.2m against liabilities of $298k, net assets of $925k. It reported 2 employees.