New York Law School

Analysis

New York Law School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1935, 91 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New York Law School reported income of $82.8m and spending of $87.9m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $78.7m to $82.8m (+5.1%), an average of +1.3% a year. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New York Law School sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include American International College ($82.6m), University at Buffalo Foundation Inc ($82.8m) and Hardin-Simmons University ($82.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $1.5m (1.7% of expenses). Other salaries and wages came to $22.8m. At year end it held assets of $315.7m against liabilities of $147.6m, net assets of $168.1m. It reported 739 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.