Junior League of Lexington

Analysis

Junior League of Lexington is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in May 1967, 59 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Junior League of Lexington reported income of $158k and spending of $217k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $221k to $158k (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 122% 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 Lexington sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within KY. Charities of a similar size with the same main cause include Sidney Tourism Business Improvement District Inc ($158k), Junior League of Winston Salem Inc ($158k) and Greater Phoenix Leadership Foundation ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. Other salaries and wages came to $56k. At year end it held assets of $802k against liabilities of $3,876, net assets of $798k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.