American Law and Economics Association Inc

Analysis

American Law and Economics Association Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover arts, culture and humanities, 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 2022, American Law and Economics Association Inc reported income of $140k and spending of $164k, spending 117% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $151k to $140k (-6.9%), an average of -1.8% a year. The sharpest change came in the year to December 2020, when income dropped by 50%. Over the whole period it spent 90% 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 Law and Economics Association Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within CT. Charities of a similar size with the same main cause include Bragg Jam Inc ($140k), Fort Edward Historical Association ($140k) and Ballet Latino de San Antonio ($140k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 21% and program service revenue 77% of the total. At year end it held assets of $348k against liabilities of $0, net assets of $348k.