The Junior Achievement of Greater New Orleans Education Foundation I

Analysis

The Junior Achievement of Greater New Orleans Education Foundation I is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in October 1987, 39 years ago. 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 June 2023, The Junior Achievement of Greater New Orleans Education Foundation I reported income of $141k and spending of $50k, leaving 65% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $253k to $141k (-44%), an average of -14% a year. The sharpest change came in the year to June 2021, when income rose by 192%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Junior Achievement of Greater New Orleans Education Foundation I sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within LA. Charities of a similar size with the same main cause include Biloxi First Inc ($141k), Susquehanna Folk Music Society Inc ($141k) and Valor Institute Community ($141k).

At year end it held assets of $4.2m against liabilities of $11k, net assets of $4.2m.