Junior League of Abilene Inc

Analysis

Junior League of Abilene Inc is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in March 1955, 71 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 June 2023, Junior League of Abilene Inc reported income of $226k and spending of $235k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $125k to $226k (+81%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 89%. Over the whole period it spent 103% 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 Abilene Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Midtown Elizabeth District Management Corporation Inc ($226k), Offutt Officers Spouses Club Charitable Association Inc ($226k) and Friends of Bananas Incorporated ($226k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Other salaries and wages came to $23k. At year end it held assets of $276k against liabilities of $52k, net assets of $224k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.