Junior League of Lafayette Inc

Analysis

Junior League of Lafayette Inc is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in September 1959, 67 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 2024, Junior League of Lafayette Inc reported income of $616k and spending of $510k, spending 83% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $563k to $616k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to May 2022, when income rose by 25%. Over the whole period it spent 80% 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 Lafayette Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within LA. Charities of a similar size with the same main cause include Ohio Chamber of Commerce Research Foundation Inc ($616k), Near South Planning Board ($616k) and Salinas City Center Improvement Association ($616k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 21% and program service revenue 0.8% of the total. Other salaries and wages came to $110k. At year end it held assets of $1.7m against liabilities of $51k, net assets of $1.6m. It reported 2 employees.