Junior Achievement of Tampa Bay

Analysis

Junior Achievement of Tampa Bay is a registered charity in United States, based in Tampa, FL. 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 Tampa Bay reported income of $5.1m and spending of $4.3m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $5.1m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 88% 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 Tampa Bay sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Shavei Hevron Institutions Inc ($5.1m), Junior Achievement of Chicago ($5.1m) and Armenian Assembly of America Inc ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $495k (11% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $20.4m against liabilities of $6.9m, net assets of $13.5m. It reported 47 employees.