New York County Lawyers Association

Analysis

New York County Lawyers Association is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1977, 49 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 December 2023, New York County Lawyers Association reported income of $2.2m and spending of $2.6m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $2.2m (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2021, when income rose by 471%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York County Lawyers Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Girl Scouts of the Sierra Nevada ($2.2m), New Mexico Fund for Women & Girls ($2.2m) and World Missions & Evangelism Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $224k (8.8% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $22.5m against liabilities of $1.9m, net assets of $20.6m. It reported 27 employees.