Junior League of Collin County

Analysis

Junior League of Collin County is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in July 1978, 48 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Junior League of Collin County reported income of $528k and spending of $512k, spending 97% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $647k to $528k (-18%), an average of -5.0% a year. The sharpest change came in the year to May 2022, when income rose by 64%. Over the whole period it spent 88% 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 Collin County sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Asian Pacific Islander Small Business Program Incorporated ($527k), Smart City Works Inc ($528k) and Elevate Douglas Economic Development Corporation Inc ($527k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 145% of the total. Other salaries and wages came to $104k. At year end it held assets of $2.1m against liabilities of $129k, net assets of $2.0m. It reported 3 employees.