Junior League of Texarkana Inc

Analysis

Junior League of Texarkana Inc is a registered charity in United States, based in Texarkana, AR. It received its IRS tax-exemption ruling in July 1949, 77 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 Texarkana Inc reported income of $179k and spending of $169k, spending 94% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $169k to $179k (+5.9%), an average of +1.4% a year. The sharpest change came in the year to May 2022, when income rose by 97%. Over the whole period it spent 110% 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 Texarkana Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within AR. Charities of a similar size with the same main cause include Penngrove Social Firemen ($179k), South Baldwin Chamber Foundation Inc ($179k) and Peace Peloton ($178k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $403k against liabilities of $21k, net assets of $381k.