Southeastern Association of Law Schools Inc

Analysis

Southeastern Association of Law Schools Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in January 2007, 19 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 December 2022, Southeastern Association of Law Schools Inc reported income of $159k and spending of $146k, spending 91% of its income. Across the 5 years on record, from December 2018 to December 2022, income fell from $172k to $159k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeastern Association of Law Schools Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Northm0re Family Life Study Club Northmore Nursery School ($159k), Tuskegee Airmen Scholarship Foundation ($159k) and Raptors End Zone Club ($159k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 33% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $30k (21% of expenses). Other salaries and wages came to $23k. At year end it held assets of $428k against liabilities of $0, net assets of $428k. It reported 8 employees.