Junior League of Las Vegas Inc

Analysis

Junior League of Las Vegas Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in February 1964, 62 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, Junior League of Las Vegas Inc reported income of $472k and spending of $234k, leaving 50% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income fell from $689k to $472k (-31%), an average of -9.0% a year. The sharpest change came in the year to May 2021, when income rose by 88%. Over the whole period it spent 62% 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 Las Vegas Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within NV. Charities of a similar size with the same main cause include Vnsa Volunteer Nonprofit Service Assoc ($471k), Winchester Downtown Program ($472k) and Southern Mutual Help Association Inc ($471k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 41% of the total. Other salaries and wages came to $20k. At year end it held assets of $2.8m against liabilities of $66k, net assets of $2.7m. It reported 1 employees.