The Nassau Academy of Law

Analysis

The Nassau Academy of Law is a registered charity in United States, based in Mineola, NY. It received its IRS tax-exemption ruling in June 1983, 43 years ago. 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 June 2023, The Nassau Academy of Law reported income of $145k and spending of $168k, spending 116% of what it took in. Across the 3 years on record, from June 2019 to June 2023, income fell from $201k to $145k (-28%), an average of -15% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Nassau Academy of Law sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Cherry Creek Chorale Inc ($145k), Marsing Community Disaster Fund Inc ($145k) and Independent Living Inc ($145k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 38% of the total. At year end it held assets of $14k against liabilities of $223k, net assets of -$209k.