Is Junior League Of The City Of New York Inc Legit?

Quick charity verification for Junior League Of The City Of New York Inc (EIN: 131624066)

Verdict: Junior League Of The City Of New York Inc appears trustworthy

85/100Mission Score
$6.8MRevenue
$8.4MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Junior League Of The City Of New York Inc demonstrates consistent financial activity, with revenues and expenses generally in the range of $2 million to $3.8 million over the past decade. The organization's assets have fluctuated, peaking at $9.7 million in 2014 and currently standing at $8.37 million, indicating a stable asset base. Liabilities have also seen significant variation, from a low of $320,840 in 2019 to a high of $3.9 million in 2014, suggesting periods of higher debt or deferred revenue. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds for administrative overhead related to executive salaries. While the provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses, the consistent reporting of 0% officer compensation suggests a commitment to minimizing executive-level administrative costs. The organization's expenses have generally tracked closely with its revenues, with some years showing slight deficits (e.g., 202306 with expenses of $2,937,021 against revenues of $2,927,331) and others showing surpluses (e.g., 202206 with revenues of $3,036,986 against expenses of $2,527,588). This indicates a generally balanced budget approach. Overall, the Junior League Of The City Of New York Inc appears to be a financially stable organization with a long history of operations. The absence of officer compensation is a notable positive for transparency and efficiency. Further analysis would benefit from a detailed functional expense breakdown to fully assess spending efficiency across programs, administration, and fundraising.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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