Junior League of Sarasota Inc

Analysis

Junior League of Sarasota Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in November 1958, 68 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 2024, Junior League of Sarasota Inc reported income of $319k and spending of $225k, leaving 29% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income grew from $302k to $319k (+5.7%), an average of +1.1% a year. The sharpest change came in the year to May 2022, when income rose by 33%. Over the whole period it spent 72% 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 Sarasota 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 Margate Business Association Inc ($318k), Forest Industry Safety and Training Alliance Inc ($319k) and Cleveland Culinary Launch Inc ($318k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 80% of the total. Other salaries and wages came to $14k. At year end it held assets of $2.2m against liabilities of $75k, net assets of $2.2m. It reported 1 employees.