Charleston School of Law

Analysis

Charleston School of Law is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in July 2004, 22 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 December 2022, Charleston School of Law reported income of $72k and spending of $52k, leaving 28% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $145k to $72k (-50%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 59%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charleston School of Law sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within SC. Charities of a similar size with the same main cause include South Asian Bar Association of New York Fund Inc ($72k), Underwood GT Magnet Elementary School Foundation ($72k) and American Navion Society Ltd ($72k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 58% of the total. At year end it held assets of $1.0m against liabilities of $3,325, net assets of $1.0m. It reported 1 employees.