Junior League of Odessa Inc

Analysis

Junior League of Odessa Inc is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in December 1951, 75 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 Odessa Inc reported income of $338k and spending of $149k, leaving 56% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income fell from $592k to $338k (-43%), an average of -13% a year. The sharpest change came in the year to May 2022, when income rose by 177%. Over the whole period it spent 44% 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 Odessa Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Punxsutawney Groundhog Club ($338k), Kirkland Downtown Association ($338k) and Dekalb County Economic Development Partnership Inc ($337k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 50% of the total. Other salaries and wages came to $18k. At year end it held assets of $2.3m against liabilities of $53k, net assets of $2.2m. It reported 1 employees.