Pennsylvania Juneteenth Initiative

Analysis

Pennsylvania Juneteenth Initiative is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Pennsylvania Juneteenth Initiative reported income of $500k and spending of $491k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $34k to $500k (+1349%), an average of +281% a year. The sharpest change came in the year to December 2022, when income rose by 448%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Pennsylvania Juneteenth Initiative sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include SCR Baseball League ($500k), The Warrior National Foundation ($500k) and Girls on the Run of Maricopa County ($499k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.5% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.