Junior League of Lake Charles Inc

Analysis

Junior League of Lake Charles Inc is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in May 1965, 61 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 Lake Charles Inc reported income of $419k and spending of $335k, leaving 20% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $212k to $419k (+98%), an average of +19% a year. The sharpest change came in the year to May 2022, when income rose by 320%. Over the whole period it spent 93% 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 Lake Charles Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within LA. Charities of a similar size with the same main cause include Main Street Highland Park ($419k), Summaeverythang Community Center ($420k) and Eastern Plains Economic Development Corporation ($419k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 43% of the total. Other salaries and wages came to $15k. At year end it held assets of $650k against liabilities of $49k, net assets of $601k. It reported 1 employees.