Lawyers Alliance for New York

Analysis

Lawyers Alliance for New York is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1984, 42 years ago. 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, Lawyers Alliance for New York reported income of $3.1m and spending of $3.8m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.1m to $3.1m (-50%), an average of -16% a year. The sharpest change came in the year to June 2020, when income dropped by 39%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lawyers Alliance for New York sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Kartemquin Educational Films ($3.1m), Apparo Academy Inc ($3.1m) and Volunteers of America Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $502k (13% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $12.0m against liabilities of $4.1m, net assets of $7.9m. It reported 29 employees.