Junior League of Greater Lakeland Inc

Analysis

Junior League of Greater Lakeland Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in November 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 Greater Lakeland Inc reported income of $311k and spending of $314k, spending 101% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $325k to $311k (-4.3%), an average of -1.1% a year. The sharpest change came in the year to May 2021, when income dropped by 20%. Over the whole period it spent 92% 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 Greater Lakeland 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 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Idyllwild Help Center ($311k), Friends of the Port St Lucie Botanical Gardens ($311k) and South Central Workforce Council ($311k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 36% and program service revenue 32% of the total. Other salaries and wages came to $25k. At year end it held assets of $1.1m against liabilities of $856, net assets of $1.1m. It reported 1 employees.