Consumer Law Building Corporation

Analysis

Consumer Law Building Corporation is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Consumer Law Building Corporation reported income of $1.1m and spending of $750k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.1m (-1.0%), an average of -0.3% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 61% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Consumer Law Building Corporation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Santa Barbara Student Housing ($1.1m), Encore West Residence Housing Development Fund Corporation ($1.1m) and Parkview Christian Estates ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 72% of the total. At year end it held assets of $16.4m against liabilities of $3.6m, net assets of $12.8m.