Junior League of the Palm Beaches Inc

Analysis

Junior League of the Palm Beaches Inc is a registered charity in United States, based in West Palm Beach, FL. It received its IRS tax-exemption ruling in February 1953, 73 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 the Palm Beaches Inc reported income of $231k and spending of $255k, spending 111% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $672k to $231k (-66%), an average of -24% a year. The sharpest change came in the year to May 2020, when income dropped by 31%. Over the whole period it spent 85% 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 the Palm Beaches Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include One Family Productions ($231k), Christian Business Round Table Inc ($231k) and Chandler Service Club ($230k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $1.6m against liabilities of $107k, net assets of $1.5m.