Junior League of Monterey Co Inc

Analysis

Junior League of Monterey Co Inc is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in February 1956, 70 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 Monterey Co Inc reported income of $88k and spending of $83k, spending 94% of its income. Across the 2 years on record, from May 2022 to May 2023, income fell from $105k to $88k (-16%), an average of -16% a year. The sharpest change came in the year to May 2023, when income dropped by 16%. Over the whole period it spent 100% 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 Monterey Co Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Parkview Corporation ($88k), El Paso 8 a Government Contractors Association ($88k) and Every Day Hope ($88k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. At year end it held assets of $291k against liabilities of $20k, net assets of $271k.