Atlantic Legal Foundation

Analysis

Atlantic Legal Foundation is a registered charity in United States, based in Harrison, NY. It received its IRS tax-exemption ruling in June 1977, 49 years ago. 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, Atlantic Legal Foundation reported income of $328k and spending of $410k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $387k to $328k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Atlantic Legal Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Greater Boise Rotary Foundation Inc ($328k), Nassans Place ($328k) and Hope Worldwide Ltd ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $214k (52% of expenses). Other salaries and wages came to $59k. At year end it held assets of $270k against liabilities of $19k, net assets of $252k. It reported 1 employees.