Public Utility Law Project of New York Inc

Analysis

Public Utility Law Project of New York Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in September 1982, 44 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Public Utility Law Project of New York Inc reported income of $1.4m and spending of $1.2m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $765k to $1.4m (+79%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Public Utility Law Project of New York Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Chochmat Shlomo USA Inc ($1.4m), Augustine Classical Academy ($1.4m) and General Council of the Assemblies of God ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $301k (25% of expenses). Other salaries and wages came to $444k. At year end it held assets of $1.6m against liabilities of $307k, net assets of $1.3m. It reported 12 employees.