Junior Achievement of Greater New Orleans Inc

Analysis

Junior Achievement of Greater New Orleans Inc is a registered charity in United States, based in New Orleans, LA. 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 2023, Junior Achievement of Greater New Orleans Inc reported income of $2.1m and spending of $1.8m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.1m (+56%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 96% 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 Greater New Orleans Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within LA. Charities of a similar size with the same main cause include Hoi Inc ($2.1m), Campaign for Human Rights Inc ($2.1m) and American Friends of Shehebar Sephardic Center Incorporated ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $385k (21% of expenses). Other salaries and wages came to $540k. At year end it held assets of $1.4m against liabilities of $274k, net assets of $1.1m. It reported 13 employees.