Lawyers Collaborative for Diversity Inc

Analysis

Lawyers Collaborative for Diversity Inc is a registered charity in United States, based in Wethersfield, CT. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Lawyers Collaborative for Diversity Inc reported income of $188k and spending of $188k, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $154k to $188k (+22%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lawyers Collaborative for Diversity Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within CT. Charities of a similar size with the same main cause include Eastern Economic Association ($188k), Hickory Ridge High School Bandboosters ($188k) and Clark Memorial Library ($188k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $214k against liabilities of $11k, net assets of $203k.