New York University School of Law Foundation

Analysis

New York University School of Law Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, New York University School of Law Foundation reported income of $28.2m and spending of $28.4m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $38.2m to $28.2m (-26%), an average of -7.3% a year. The sharpest change came in the year to August 2020, when income dropped by 43%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New York University School of Law Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Altus Schools Southern California ($28.2m), National Science Teaching Association ($28.2m) and Canterbury School Incorporated ($28.2m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 72% of the total. At year end it held assets of $152.2m against liabilities of $25.5m, net assets of $126.8m.

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.