Junior Achievement of Memphis and the Mid-South

Analysis

Junior Achievement of Memphis and the Mid-South is a registered charity in United States, based in Cordova, TN. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Junior Achievement of Memphis and the Mid-South reported income of $3.4m and spending of $2.9m, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.3m to $3.4m (+49%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 65% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Junior Achievement of Memphis and the Mid-South sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include Advocates for Africa Inc ($3.4m), Fabretto Childrens Foundation Inc ($3.4m) and Acf of Metro Atlanta Inc ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $595k (21% of expenses). Other salaries and wages came to $623k. At year end it held assets of $8.4m against liabilities of $1.5m, net assets of $6.9m. It reported 36 employees.