Junior League of Colorado Springs

Analysis

Junior League of Colorado Springs is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in December 1957, 69 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 2024, Junior League of Colorado Springs reported income of $101k and spending of $74k, leaving 27% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income grew from $69k to $101k (+47%), an average of +8.0% a year. The sharpest change came in the year to May 2022, when income rose by 172%. Over the whole period it spent 77% 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 Colorado Springs sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within CO. Charities of a similar size with the same main cause include Bethesda Community Development Corporation ($101k), Adelanto Community Benefit Corporation ($101k) and Abilitylinks ($101k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 63% of the total. Other salaries and wages came to $3,242. At year end it held assets of $984k against liabilities of $122k, net assets of $863k. It reported 2 employees.