Brooklyn Law School

Analysis

Brooklyn Law School is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1973, 53 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 June 2023, Brooklyn Law School reported income of $91.7m and spending of $94.6m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $74.0m to $91.7m (+24%), an average of +5.5% a year. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brooklyn Law School sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Woodward Academy Inc ($91.6m), North Park University ($91.8m) and Dyouville College ($91.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $3.3m (3.5% of expenses). Other salaries and wages came to $24.1m. At year end it held assets of $365.2m against liabilities of $83.1m, net assets of $282.1m. It reported 798 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.