American Society of Comparative Law

Analysis

American Society of Comparative Law is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 1953, 73 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, American Society of Comparative Law reported income of $111k and spending of $64k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $129k to $111k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 41% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Society of Comparative Law sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within LA. Charities of a similar size with the same main cause include Four Lakes Traditional Music Collective Inc ($111k), Society for the Improvement of Psychological Science ($111k) and Corinth Area Arts Council Inc ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.