Junior League of Lubbock Tex Inc

Analysis

Junior League of Lubbock Tex Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in January 1946, 80 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 Lubbock Tex Inc reported income of $477k and spending of $270k, leaving 43% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $456k to $477k (+4.4%), an average of +1.1% a year. The sharpest change came in the year to May 2022, when income rose by 307%. Over the whole period it spent 85% 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 Lubbock Tex Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Jones Memorial Community Development Corporation ($476k), The Rocky Mountain Mining Institute ($477k) and Regional Community Connections One Inc ($476k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 24% of the total. Other salaries and wages came to $31k. At year end it held assets of $1.8m against liabilities of $98k, net assets of $1.7m. It reported 2 employees.