Joint Patent Practice Continuing Legal Education Inc

Analysis

Joint Patent Practice Continuing Legal Education Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Joint Patent Practice Continuing Legal Education Inc reported income of $51k and spending of $38k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $51k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Joint Patent Practice Continuing Legal Education Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Grissom Volleyball Boosters ($51k), Avstem Incorporated ($51k) and Itexperience Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.