New England Law Boston

Analysis

New England Law Boston is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New England Law Boston reported income of $60.5m and spending of $55.1m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $27.7m to $60.5m (+118%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New England Law Boston sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Columbia International University ($60.5m), D C Preparatory Academy ($60.6m) and Brooklyn Prospect Charter School ($60.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $1.5m (2.6% of expenses). Other salaries and wages came to $10.0m. At year end it held assets of $107.9m against liabilities of $2.1m, net assets of $105.8m. It reported 264 employees.