The Junior League of Fort Worth Inc

Analysis

The Junior League of Fort Worth Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in January 1933, 93 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, The Junior League of Fort Worth Inc reported income of $2.2m and spending of $1.3m, leaving 38% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.6m to $2.2m (+36%), an average of +7.9% a year. The sharpest change came in the year to May 2022, when income rose by 61%. 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, The Junior League of Fort Worth Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Foothills Industries of McDowell County Inc ($2.1m), Spark Centro Inc Formerly Latin Amer Chamber of Comm of CLT Insta ($2.2m) and Alliance for Manufacturing & Technology of Southern Tier Inc ($2.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 123% and program service revenue 1.8% of the total. Other salaries and wages came to $274k. At year end it held assets of $8.0m against liabilities of $955k, net assets of $7.1m. It reported 4 employees.