Junior League of Long Beach Inc

Analysis

Junior League of Long Beach Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in April 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 May 2023, Junior League of Long Beach Inc reported income of $144k and spending of $147k, spending 102% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $147k to $144k (-2.5%), an average of -0.6% a year. The sharpest change came in the year to May 2023, when income rose by 61%. Over the whole period it spent 96% 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 Long Beach Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Christian Community Service of North Reading Incorporated ($144k), On Ramps Economic Development Corporation ($144k) and Friends of NW 10th Street ($144k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 37% and program service revenue 46% of the total. At year end it held assets of $1.1m against liabilities of $6,668, net assets of $1.1m.

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.