Junior Welfare Society

Analysis

Junior Welfare Society is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in March 1963, 63 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 Welfare Society reported income of $150k and spending of $171k, spending 114% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income grew from $136k to $150k (+11%), an average of +2.1% a year. The sharpest change came in the year to May 2023, when income rose by 47%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Junior Welfare Society sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Symphony Workforce Foundation ($150k), Big Apple Greeter Inc ($150k) and Education Foundation of the Ccim Institute ($150k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 133% of the total. At year end it held assets of $134k against liabilities of $0, net assets of $134k.